Car Scrappage Scheme

oh_no_5

Just an update on the road tax situation.The dealer I ordered my Aygo from said it would be OK to cash my tax in when I drop my car off.You can download the form and notes here:

http://www.direct.gov.uk/en/Motoring/OwningAVehicle/HowToTaxYourVehicle/DG_10012526

Better in your pocket than Mr Darlings.:T

surfsister

Thanks nuck-the-king!

I have had my g plate estate for 6 years and it's pased every mot with hardly any work (£100 one year pased the rest long live peugeot 505's) and does 40mpg as diesel but it is rattling all over the place and costs £200 road tax approx so needs replacing. the idea of borowing kids dosh is a good one. I am just working out whether it's best to buy new for once and save road tax,mot and worry or go for an older peugeot 206/306 or nissan micra.

After year 1 with a new car does it need a mot? Also is the service essential my peugeot just chugs away with little tlc at all. Guess it does or invalidates the warranty.

kInda hard to decide!

Nuck_the_king wrote: »

Surfsister,

As a basic rule of thumb, any finance arranged by the people who are selling you the product is usually overpriced; whether it's a car, a washine machine or a house!

The finance deals you can get are so dependent on so many variables; income, credit history, etc., that it's impossible to say where the "cheapest" would be; but if you click on the "Cards / Loans" Tab at the top of this website, you can input all that you want and out will come a list.

The cheapest I could find was 8%; but what I am going to do is borrow the money I have saved for my children (which is earning a paltry 1% in their "savings" account), and pay it back to them over 3 years at an average rate of 3%. They win and I win; so everyone's happy. If you have savings earning no interest somewhere, then it would almost certainly be better to use these and repay them.

As an alternative to a loan, you could get a Barclaycard "simplicity" credit card from the Barclaycard website; this allows you to borrow on it at a fixed rate of 6.8%; cheaper than a loan, and you have more flexible repayment options. However, they gave me a credit limit of £2500, which is well under a half of any other credit card I've applied for; so you may not be able to put the whole car on it.

Hope this helps,

Nuck.

sabretoothtigger

new cars dont need mot for first 3 years but they always have to be roadworthy regardless, tyres, brakes, etc both of which would be wear and tear items & not included in any warranty I suppose

buglawton

anewman wrote: »

You still need to service a new i20, and if things like the tyres, brake pads, shoes, discs, drums, or the clutch wear out you'll still have to fork out for them as they won't be covered by the warranty.

Just had a look at the Hyundia Exclusion List on the Warranty:

General Exceptions

The new vehicle five year, without mileage limitation, warranty shall not apply to the following:

• Defects judged by Hyundai Motor UK Ltd as being caused by the failure to follow the recommendations regarding the frequency of routine maintenance services or the failure to have such routine maintenance services performed.
• Defects, which are attributable to careless handling, accident, improper use of the vehicle, or incorrectly completed repairs or routine maintenance services.
• Damage occurring as a result of any act or omission, which is wilfully unlawful or negligent.
• Adjustments of any kind after 12 months, from the date of 1st registration.
• Defects arising from the use of non-genuine Hyundai parts or accessories, or the use of lubricants, fluids or fuels not approved for use in the vehicle by Hyundai Motor UK Ltd.
• Any modifications or installations performed outside the scope of normal routine maintenance or running repairs without the express approval of Hyundai Motor UK Ltd.
• Deterioration, staining or corrosion of plated parts, paint coatings, rubber or plastic components or soft trim which will occur due to normal exposure and usage.
• Alleged defects, which are not as a direct result of manufacturing defects, or are not recognised as affecting the quality or function of the vehicle.

Examples of these include, but are not limited to:

• Noises or vibrations of low amplitude or frequency, which are considered to be representative of the characteristics of the vehicle.
• Slight oozing of oils or fluids from seals or gaskets, which cause no appreciable decrease in the level of these fluids.
• Panel gaps, or any other defects, which are considered to be representative of the permitted manufacturing tolerances, accepted by Hyundai.
• External appearance defects, which are not apparent unless magnified by special means or which are considered to be of a minor cosmetic nature and having no effect upon the general appearance or quality of the vehicle, or which are representative of the standards of finish expected by the manufacturer.
  Corrosion or other external damage resulting from stone chipping, gravel or any other form of impact.
• Discoloration, fading or deterioration resulting from exposure to or contact with tree sap, bird droppings, insects, tar, industrial pollution/fallout, contamination by lubricants or other fluids.
• Defects resulting from poor repair to, or failure to have repaired, body damage caused by the above.
• Damage, which is "secondary", and is as a direct result of any primary damage or defect upon which no action or rectification has taken place.
• Failure or damage occurring during the period of the Manufacturer Warranty or faults developing during that period unless rectified immediately.
• The replacement of lubricants, fluids or refrigerant other than as a direct consequence of a warrantable repair.
• The replacement of consumable/service or wear and tear items normally replaced or repaired in the process of routine maintenance servicing. "Fair wear and tear" is defined, as deterioration occurring through usage where no evidence of a manufacturing defect is evident or where the normal useful life of such components, as judged by Hyundai, has expired.

These include but are not limited to:

• Clutch disc
• Brake Friction Linings
• V Belts
• Air/Oil/Fuel Filter
• Spark Plugs
• Wiper Blades
• Bulbs
• Batteries
• Wheel Bearings Front/Rear
• All Ball Joints Front/Rear
• All Bushes
• Track Rod End
• Dampers Front/Rear
• All Rubber Stoppers or components
• Tyres Warranty is handled by the tyre manufacturer
• Excludes wear and tear.

After seeing the above list includes Clutch Plate, Bushes, Dampers, Wheel Bearings， Ball Joints， Track Rod Ends. NONE of these 7 items above have gone wrong on my 11 year old Vectra yet, so the above list is does not broadcast a very good image. Kia's equivalent list is not on the Web - clever Kia!

http://www.hyundai.co.uk/owners/5YearWarranty/limitedCoverage/

Limited coverage - no kidding!

anewman

buglawton wrote: »

After seeing the above list includes Clutch Plate, Bushes, Dampers, Wheel Bearings， Ball Joints， Track Rod Ends I've suddenly gone off Hyundai. Actually, NONE of these 7 items above have gone wrong on my 11 year old Vectra yet, so the above backside-protecting list is unnecessary and therefore does not broadcast a very good intent.

These items are constantly moving, so it's no surprise they're considered consumables. Dampers will refer to shock absorbers, on an 11 year old Vectra I'd have thought you'd have replaced some of those by now

Morden_2

anewman wrote: »

These items are constantly moving, so it's no surprise they're considered consumables. Dampers will refer to shock absorbers, on an 11 year old Vectra I'd have thought you'd have replaced some of those by now

It maybe depends on manufacturer but the exclusion can be dependent upon fitness for pupose of the part e.g a clutch at up to 20 k miles is covered but at 40k wouldnt be.

Most of the time these wont fail, my 10 year old fiesta which Im about to lose as part of a scrappage deal on a new Aygo still has original clutch and main part of exhaust from new.

goldspanners

buglawton wrote: »

• Discoloration, fading or deterioration resulting from exposure to or contact with tree sap, bird droppings, insects, tar, industrial pollution/fallout, contamination by lubricants or other fluids.

so does this mean if its washed and polished does this constitute as other lubricants or fluids?

it doesnt really cover much does it?

buglawton

anewman wrote: »

These items are constantly moving, so it's no surprise they're considered consumables. Dampers will refer to shock absorbers, on an 11 year old Vectra I'd have thought you'd have replaced some of those by now

The prev owner may have, I've only had it for 6 years!

tarajayne

Question for my DD, hope someone can help please. DD and her OH spent the day going round garages. As instructed by me they asked each salesperson for the total amount payable as they need finance. Well unsurprisingly the total amount after the scrappage scheme is coming out the same if not more than if they had gone in before and done it on 0%. Are there any dealers that are offering the scheme and a decent finance package. Thanks.

Nuck_the_king

surfsister wrote: »

Thanks nuck-the-king!

I have had my g plate estate for 6 years and it's pased every mot with hardly any work (£100 one year pased the rest long live peugeot 505's) and does 40mpg as diesel but it is rattling all over the place and costs £200 road tax approx so needs replacing. the idea of borowing kids dosh is a good one. I am just working out whether it's best to buy new for once and save road tax,mot and worry or go for an older peugeot 206/306 or nissan micra.

After year 1 with a new car does it need a mot? Also is the service essential my peugeot just chugs away with little tlc at all. Guess it does or invalidates the warranty.

kInda hard to decide!

It's exactly the kind of debate we had; except the 1998 1.0 litre Nissan Micra was not such a different car to the one we're going to get. There is no doubt that you won't be able to replace your estate car with a new model for the same £4-6k that we are all talking about for the cheapest runarounds from Hyundai, Kia, Fiat, etc.

And, as has been said here too, once you start to think about spending much over this, there are definitely very good nearly-new estates and for that money all over the place; and they will have done much of their depreciation already. Just because you get £2k "off" the price of a new car doesn't make it a bargain if it's not going to suit your needs. As my wise old Dad said to me "you very VERY rarely save money by spending it".

So, for your £5k, if you need an estate, I would look at autotrader, go through a dealer so that you will have some comeback if it goes wrong, and, if you're like me and know nothing about cars, pay the AA or someone similar to do an inspection on it too. Have a look at wisebuyers.co.uk as well to see that the price is right and Bob could well be your uncle. For example, you can get a 05/06 low-mileage Ford Focus for under £5k; and that might suit you better.

The scrappage scheme worked a dream for me: and I know it's tempting to think that your car is "suddenly" worth 2 grand; but if the new car you're replacing it with is not going to do what you need it to, then it's never going to be that much of a bargain.

Of course, it might well be that in six months you can sell it for more than you paid for it: but that's another question (and I would't bank on it...!)

Does this help at ALL?

Nuck.