Car Scrappage Scheme

goldspanners

Derek_Duval wrote: »

I'd personally prefer to risk the chain.

thats entirly your choice,but its no reason for other to buy a car based on this.

personally i would rather have a cam belt, replace it before recommended scheduled change,and renew water pump at the same time for an extra £20.
(or an older larger cam chain engine,not a small new one)

sabretoothtigger

Its a good reason imo, chain is better then belt and I would choose it if possible myself.

If your the kind of guy who can replace their own cam belt then I can understand preferring that, chain eventually is a higher cost option

goldspanners

sabretoothtigger wrote: »

Its a good reason imo, chain is better then belt and I would choose it if possible myself.

If your the kind of guy who can replace their own cam belt then I can understand preferring that, chain eventually is a higher cost option

im prepared to change a belt early,but im not prepared to change an engine when the chain or chain tensioners give up ( usually the case). chain engines arent the chain engines of old.

sabretoothtigger

Depends on the car I think, worth checking the history of the engine on honest john, etc because it matters. Harder to guess on a new model though

Coaster_2

Well I suppose it is a personal preference whever you like chains or belts.

But for the engines in question the 1.2 chain cam engine offers:

- 20% More torque
- 18% More power
- 3 Seconds quicker to 60
- Same combined fuel economy
- Same CO2 emissions

Nuck_the_king

I wasn't in the market for a new car at all: but having done the spreadsheets, comparing the cost of buying new compared with keeping my 11-year old Nissan Micra (which is on the way out; so more likely replacing it with a comparable "banger"), it made little difference. The big things that swung it for me, comparing costs over 3 years (and I put them all into a spreadsheet, which I can post as an attachment here if anyone's interested) were:

Fuel: I get 35-40 from the Nissan; if I replaced it with something else, probably 30-35 was more likely. I reckon on 40-45 for the replacement. Doing 10K per year, this soon adds up.
Insurance: it costs me £140 for 3rd-party cover now: the cheapest I could find for fully comp on the new one was £190.
Road Tax: £125 for the old (if I chose a model under 1.4 litres):and likely to rise. £35 for the new, and likely to stay the same.
Running costs (servicing, repairs, MOTs, etc.): minimal with new car, possibly £300 per year with old car.
Depreciation: Clearly the most significant cost with a new car: and difficult to judge on a scrappage-scheme deal; does the depreciation start with the £7500 list price, or the £5500 "after- scrappage" price? I put in 55% depreciation over 3 years on the £7500 list price; but I'm prepared to be shot down on this one.

Anyway, to cut an even longer story shorter, I went for a Hyundai i10 Comfort. No question; the 5-year transferable warranty swung it for me: but I did enjoy the drive as well. Personally, I felt that the extra £500 for the "add-ons" (beyond the £5000 "Classic" spec) was worth it long-term. Whilst I could certainly live without alloys, rear electric windows, electric mirrors, etc., I thought that this might make it just that bit different from the absolute budget-end models (particularly when it came to resale): this is also why I decided to go for the "newer" 1.2 engine rather than the slightly older 1.1 version. Again, I might be wrong on this too: time will tell...

What do you all think? Have I been conned? Should I have just replaced my Nissan with another sub-£1000 banger?

Answers on a postcard: or, even better, posted below.

Cheers,

Nuck.

BikerEd

Can't believe how lame the scheme is. I hadn't realised it was only on offer for a fixed term - until March 2010, or earlier if the Government's fixed budget for the scheme runs out before due to customer demand. Also the 10 year old qualification isn't a rolling window - your car must be registered before 31st August 1999 and that date is fixed. So in March 2010 you can't scrap a 10 year old car registered in March 2000.

roddydogs

If it wasnt a fixed term, people would just buy an old banger and wait 1 year........Just out of curiosity i contacted my Hundia Dealer, and asked wether as i havent got an old banger, what i could get off, a i10 and he couldnt even offer me £1000 off, the prices quoted were £6795 without,£ 4595 with scrappage, so even more than £2000 off if you have a banger

Nuck_the_king

roddydogs wrote: »

If it wasnt a fixed term, people would just buy an old banger and wait 1 year........Just out of curiosity i contacted my Hundia Dealer, and asked wether as i havent got an old banger, what i could get off, a i10 and he couldnt even offer me £1000 off, the prices quoted were £6795 without,£ 4595 with scrappage, so even more than £2000 off if you have a banger

The Hyundai i10 I drove was exactly the same as the one I've now ordered; except with metallic paint.

I would have paid £5850 for the same car under the scrappage scheme; this one (which although it only had 20 miles on the clock, was 2 months old) was on at £7245; and the dealer said that, although they might move a little on that, it would in no way come down to under £6K.

I think that some of the posts on here are a little mad: I agree that, if you are buying a £10K + car, then the scrappage discount is probably less than you could have negotiated with a dealer anyway; and that low-mileage, pre-registered or demonstrator cars in this bracket are probably going to be a better bet.

But if you have the money (or can afford to finance it), and you have a 10-yr old runabout which is on its last legs (and I quailfy on both counts), then this scheme is ideal. I also don't necessarily agree either that "all the money will go overseas". I am buying a Hyundai; yes, it's an overseas company: but I wonder how many people it employs directly and indirectly in the U.K.? Perhaps not as many as Ford or Nissan; but still a fairly decent number in dealerships, servicing, parts delivery, etc etc.

And as to the poster who said that the scrapyards would be full in 7 years time of i10s and Picantos, I think it is unlikely that Hyundai would be offering a full, unlimited mileage, transferable 5-year warranty if they were working to a 7-year life span for the car....

Anyway; that's just my view. I've ordered an i10 and I am happy that, for me at least, I made the right choice and got a good deal.

Nuck.

Hitme

roddydogs wrote: »

If it wasnt a fixed term, people would just buy an old banger and wait 1 year........Just out of curiosity i contacted my Hundia Dealer, and asked wether as i havent got an old banger, what i could get off, a i10 and he couldnt even offer me £1000 off, the prices quoted were £6795 without,£ 4595 with scrappage, so even more than £2000 off if you have a banger

I assume you meant £4995 with scrappage? As that's what I'm being offered.