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Car Scrappage Scheme
Comments
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Some people earlier in this thread seemed to hope that servicing on a new car would cost much less than servicing the 10 year old banger it replaced. Not so at all according to the above! Seems some old bangers can be repaired and serviced for the cost of just servicing the new car. Rather supports my doubts about using the scrappage scheme, especially as insurance goes up too on an new car.
I've just taken out a service contract, costing me £458, & I'll have to buy one more intrum service from an independent, about £80. The will cost £107 a year over the five year warranty period. I've owned old bangers for the last 20 years, pushing some around the clock almost twice. I have done alot of servicing & repairs myself, but can't ever think of a year that's cost less than that with the MOT included. The cost of the service parts & MOT nearly equal this. My insurance has gone down £75 a year, car tax down £105. I've never had a single repair that's cost more than £200, but maybe I've been lucky, I know many people who haven't. I haven't got the stress of buying secondhand, I've never had any major problems before, but again, maybe I've been lucky, I do know someone who was unfortunate enough to buy a cut and shut from a garage, they had loads of hassle. Oh and I don't have to get my hands dirty anymore & more importantly I can be sure my wife & kids are driving around in a safe car.Next year we'll be millionaires!0 -
Does anyone (Maybe a dealer?) know how the scrappage finance works.
If I order a car and they check my car is ok, do I get allocated one of the scrappage discounts (out of the 300,000) or does it come off when the car is delivered, and therefore have a possibility of it running out ?
I dont want to put down a deposit then find out I have to pay full price for the car beacuse the scheme has run out.0 -
Stubbarama wrote: »Does anyone (Maybe a dealer?) know how the scrappage finance works.
If I order a car and they check my car is ok, do I get allocated one of the scrappage discounts (out of the 300,000) or does it come off when the car is delivered, and therefore have a possibility of it running out ?
I dont want to put down a deposit then find out I have to pay full price for the car beacuse the scheme has run out.
Initial figures for June show scrappage sales figures of 60,000 since the 18th May launch!
Some report dealers pressurizing customers to act quickly before the scheme runs out, The government has committed to contributing 300 million, which is equivalent to 300,000 deals, so there's no need to panic buy yet!
Small cars in particular are now in short supply across the UK so if you are looking to order one of these you may be best not to delay ordering for too long as waiting time will be at least several weeks for many makes now.
How the Car Scrappage Scheme Process Works: Consumer
·There is no need for the consumer to formally register or apply to the scheme (it’s not a voucher scheme);
·The consumer can check in advance that their old vehicle meets the requirements of the scheme. Dealers will provide further advice;
·Dealers will do all the paperwork and arrange for the old vehicle to be scrapped;
·The £2,000 scrappage scheme discount must be shown on the sales invoice for the new car;
·The consumer provides proof of identity, V5C registration document for the old car and the MOT certificate;
·Consumer gives agreement for the old car to be scrapped ;
·Consumer agrees to collection and use of personal data for the vehicle scrappage discount scheme;
·Consumer agrees to be contacted by the Department of Business and Regulatory Reform (BERR) for monitoring purposes.
How the Car Scrappage Scheme Process Works: Dealer
·The Dealer will check old vehicle eligibility and customer identity details;
·The car manufacturer will be notified when the order is placed under the scrappage scheme and proposed trade-in vehicle details;
·Dealer will arrange destruction of the old vehicle through an Authorised Treatment Facility after delivery of the new vehicle and will retain a copy of the Certificate of Destruction (CoD);
·Dealer will notify the manufacturer that the transaction has been completed;
·The Scrappage Scheme discount will be shown on the consumer’s sales invoice;
·The following will be retained for audit purposes: V5 of trade-in, copy of CoD, current MOT and invoice showing discount.0 -
Personally I have gone for the scrappage scheme as my car is so old now "1994" that they no longer appear in scrap yards, they are all newer models, and the main dealers can no longer source major spare parts,
The main reason though is fuel economy my old car does 35 mpg my new Aygo will do 62 mpg,
Every year my old car struggles to get through it's MOT I will need to spend £400 this year to get it through it's next MOT, then it will be the same again next year,
I am going to keep my new car for at least 10 years so that is only £590 cost per year, I also have the knowledge that I have had it from new and be able to protect the underbody from day 1, as I have had a look at a 3 year old Aygo and the underbody is worse for rust than my 15 year old car,
I have also checked my insurance, it will only be £148.00 more for fully comp instead of TPFT that I am on now,
As well as the £2000 of a new car.0 -
Some people earlier in this thread seemed to hope that servicing on a new car would cost much less than servicing the 10 year old banger it replaced. Not so at all according to the above! Seems some old bangers can be repaired and serviced for the cost of just servicing the new car. Rather supports my doubts about using the scrappage scheme, especially as insurance goes up too on an new car.ITV comp winner no 410
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Quote:
Originally Posted by superhans
I also have the knowledge that I have had it from new and be able to protect the underbody from day 1How do you do that? It sounds like a very good idea.
I have been trialling a system with my old car, personally I use a clear lacquer, as it is clear you can see any rust starting to form underneath the clear lacquer, this is also very good at keeping your brake pipes rust free, and especially providing protection for wheel arches, the lacquer is very easy to apply, as it is clear, you don't have to be careful applying it, I use 4 to 5 tins a year for the whole underbody,
The best product I have found is Hycote clear lacquer, I pay around £1.50 + VAT per tin from Macess wholesalers, they are nationwide,
It comes in a 400ml spray tin and dries in 5 minutes, the clear lacquer provides a sacrificial surface for a maximum of 1 year, I do it in the summer just before it's MOT is due, there are other products such as waxoyl, but it is more expensive than the lacquer, this is good for inside sills and doors,
There are other black underbody sealers that are bitumen based but these are difficult to apply and they mask any rust that starts to form, some times water gets underneath and speeds up rusting.0 -
Hi
Is there any comparison on the best buys available for bottom of the range new cars eligible for the scrappage scheme? I'm a pensioner and may scrap my 16 year old car but I don't know much about new car technology. I'd be thankful for any advice/research done on this.0 -
jesscollie wrote: »Hi
Is there any comparison on the best buys available for bottom of the range new cars eligible for the scrappage scheme? I'm a pensioner and may scrap my 16 year old car but I don't know much about new car technology. I'd be thankful for any advice/research done on this.
I started by buying the what car magazine the £4.50 monthly one which lists all the cars available for sale in the UK, I then I just crossed out the expensive cars, leaving the ones in my price range, although the guide prices are wrong as all dealers are now working off manufacturers RRP which is quite a bit higher, it is probably better to check the manufacturers website to confirm the price, then with whats left decide what is most important to you, price, MPG, service cost, HP, torque, engine size, the base models you are after won't have very much more than what is on your old car, they will probably have twin front airbags and power steering as standard, engine immobilizer, better NCAP crash test, but that is it,
JD Power 2008 survey may help in telling you what manufacturers and dealers are like, if you cant find the car in the top 100/28 then it didn't get into the top 100/28 so it must be pretty poor, JD Power surveyed 16,301 owners to get these results,
Hyundai do give you aircon free as well but that is just something else to go wrong, on the bottom spec cars you probably won't get electric windows or even have a choice of colours as any dark colour like black could be up to £200 extra or metallic could be £500 more,
In the back of the what magazine is new cars by price section, all cars are listed by price, once you have a short list go to the manufacturers website through Google to see if they are offering a scrappage scheme, then order a brochure for the car you are interested in,
Once you have a short list go to what car's website and do a search for the car you are interested in the "find a car review" box you can then watch a short test drive of the vehicle, if you then click the 4th tab marked "reader reviews" you should then get some information that the manufacturers don't want you to know from other owners.
Most new cars now are factory order only so it can take up to 12 weeks for delivery from the date of your order,
Also check brokers prices before going to the dealer and using these as a bargaining tool,Drive the deal
UK new cars
Motorlogix
Then go and book a test drive at the dealer, most dealers won't give you a good price unless you are willing to buy there and then, don't be pressurized into buying before you are ready, don't forget they have been trained to extract the most money out of you,Very important,
Make sure you ask the dealer if when you sign the contract for the new car "will the price go up while I am waiting for delivery"
As a lot of dealers are increasing prices every month now so your new car could increase up to 3 times before delivery if you are unlucky, I know Citroen do this.
Dealers are not dropping on price at the moment, they will probably start telling you "they have reached their sales targets for that model" or "they don't make enough on the car to offer anything off" but still try for a full tank of petrol, original floor mats, reduced price for your first 3 services, extra breakdown cover, you should get 1 year free anyway.0 -
Initial figures for June show scrappage sales figures of 60,000 since the 18th May launch!
Some report dealers pressurizing customers to act quickly before the scheme runs out, The government has committed to contributing 300 million, which is equivalent to 300,000 deals, so there's no need to panic buy yet!
Small cars in particular are now in short supply across the UK so if you are looking to order one of these you may be best not to delay ordering for too long as waiting time will be at least several weeks for many makes now.
How the Car Scrappage Scheme Process Works: Consumer
·There is no need for the consumer to formally register or apply to the scheme (it’s not a voucher scheme);
·The consumer can check in advance that their old vehicle meets the requirements of the scheme. Dealers will provide further advice;
·Dealers will do all the paperwork and arrange for the old vehicle to be scrapped;
·The £2,000 scrappage scheme discount must be shown on the sales invoice for the new car;
·The consumer provides proof of identity, V5C registration document for the old car and the MOT certificate;
·Consumer gives agreement for the old car to be scrapped ;
·Consumer agrees to collection and use of personal data for the vehicle scrappage discount scheme;
·Consumer agrees to be contacted by the Department of Business and Regulatory Reform (BERR) for monitoring purposes.
How the Car Scrappage Scheme Process Works: Dealer
·The Dealer will check old vehicle eligibility and customer identity details;
·The car manufacturer will be notified when the order is placed under the scrappage scheme and proposed trade-in vehicle details;
·Dealer will arrange destruction of the old vehicle through an Authorised Treatment Facility after delivery of the new vehicle and will retain a copy of the Certificate of Destruction (CoD);
·Dealer will notify the manufacturer that the transaction has been completed;
·The Scrappage Scheme discount will be shown on the consumer’s sales invoice;
·The following will be retained for audit purposes: V5 of trade-in, copy of CoD, current MOT and invoice showing discount.
Thanks for the post, ive already read that but it doesnt acutally specify whether the scrappage scheme is gaurnateed when you apply.
I went to see a car and asked what would happen if the Scheme ran out and the dealer (young - dont know if he knew the details) implied I would get the full bill, therefore having to pay an extra £2000 or forfeit the deposit.
Any dealers on here ?0
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