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Scrappage, when is it good?

masterkay
masterkay Posts: 296 Forumite
Hi,

I'm looking for some advice for my parents. They are at the age that they still need a car but something small and economical. They don't change their cars often but choose to buy new and keep until the car can no longer go on. Currently they have a car over 10 years old and one about 7. They are looking to get a new one and still keep the 7 year old one for a while.

I'm trying to work out is the scrappage scheme worth it for them. They were intending to buy new or if they got a good deal pre-reg and ditch the over 10 year old car before this scheme was announced.

I get the feeling that because of scrappage scheme there is less of a chance to get a good deal naturally on cars (it was previously a good time to buy for them in my opinion) which is bad if you are trading in a 4 year old car but they have the old banger to get rid of so they are in a good position to choose to use the scheme if they want.

They aren't that fussy about make or anything. Panda, corsa, fiesta sized with 5 doors is the request and as economical as possible.

I've noticed the fiat panda offer, vuaxhall's offers and a lot of car maker site saying sign up to be kept informed while they make a decision on how to promote/use the scheme (probably to their advantage).

Is it worthwhile going for? They do want the new car as this is what they have always done (not really wanting to go down the new car vs. used car route in this thread). I want to know is it a good deal or will it probably work out the same as before and also what are the best deals? I'm guessing there may be competition between makers and as my parents are not fussy about the car would be open to suggestions for what is the value for money.

Comments

  • arrowsmith
    arrowsmith Posts: 197 Forumite
    There are only two manufacturers that I can see that have reduced their prices with the scrappage scheme, Hyundai and Kia. Others such as Ford, Vauxhall and Fiat have increased theres, you can pick up a new Panda for £5.5k cash (used to be 5k), list prices for most cars are a daft and thats what they've been quoting for scrappage discounting.

    Best car for them would have been the Hyundai i10 but you have to wait 3 months for these due to demand (still worth it if you can wait). Kia Picanto is a nice car too.
  • masterkay
    masterkay Posts: 296 Forumite
    arrowsmith wrote: »

    Best car for them would have been the Hyundai i10 but you have to wait 3 months for these due to demand (still worth it if you can wait). Kia Picanto is a nice car too.

    Just had a look at the Hyundai i10 and it looks like it would be for them and the warranty seems good. What do they do? Just go into a Hyundai dealer as normal and say about the scheme?

    Thanks
  • arrowsmith
    arrowsmith Posts: 197 Forumite
    masterkay wrote: »
    Just had a look at the Hyundai i10 and it looks like it would be for them and the warranty seems good. What do they do? Just go into a Hyundai dealer as normal and say about the scheme?

    Thanks

    They need to test drive one and see if they like it, but they are the best small car at the moment, auto express says so, the Telegraphs Honest John does too (and I do too ;). They should be paying £4995 or maybe 4695 if the another hyundai discount applys. Metalic paint will be extra.
  • masterkay
    masterkay Posts: 296 Forumite
    I plan to get them in a few small cars and see what happens. Just checking your didn't have to do anything special before making use of the scheme.
  • I have ordered a citron c1 with Citreons own scrappage scheme, running till May 17th. That wouldn't be any good for them but the C3 has 5 doors. They will be doing the government scrappage scheme. I just couldn't wait as my car is about to expire.
    A friend has the C3 and has been very pleased with it.
    Anyone who lives within their means suffers from a lack of imagination:beer:

    Oscar Wilde
  • CFC
    CFC Posts: 3,119 Forumite
    edited 10 May 2009 at 6:51PM
    toyota aygo well worth a look. Build demonstrates quality. I think the seats are better than the i10 and you have the dealer network for back up. Depends if they live close to a Hyundai dealer, parts/service may not be so easy - with the Aygo there is a great dealer network.

    Citroen 1, renault 107 and aygo are all based on their common platform, engineering processes are designed by Toyota.
  • Armengar
    Armengar Posts: 223 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Do what I did. Get a price from an online broker such as dealdrivers or drivethedeal. Ask dealdrivers & drivethedeal if their partnered dealerships accept scrappage - ford will and you get £1684 instead of the 2000 due to the dealerships costs). Then take this price to a local dealership to see if they can beat it.

    I got a new car for the same price as a 57 plate equivalent in Parkers from the local dealers (at a few hundred over dealdrivers! mint!) remember that if you use a broker then you will have to drive your car to their dealership....

    You might save a few hundred pounds or a few thousand, depends what you are after and how much research you want to do.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    The further point will be that on the small cheaper cars there will not be many good deals around at the moment without the scrappage deal. manufacturers like Hyundai will I imagine be hard pressed to meet the orders they are taking under the scrappage scheme as it is.
  • Thanks for using us to do the work Armengar...pity you didn't order through us too! How do you think we earn a living?

    You still have to get your car to any dealership if you are using the scrappage scheme...and you may find the order would have gone to the same dealership you've just done the 'direct deal' through if they are on our supplier list...so if you'd have used us you'd have been getting the car from exactly the same place..but cheaper.
    You've tried to do your own deal, using our pricing, but ended up paying more...? How is that better than using us to start with at a lower price when you've still got to to get your car to them for scrapping?
    Official Company Representative
    I am the official company representative of DealDrivers. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to abuse@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
  • Inactive
    Inactive Posts: 14,509 Forumite
    CFC wrote: »
    toyota aygo well worth a look. Build demonstrates quality. I think the seats are better than the i10 and you have the dealer network for back up. Depends if they live close to a Hyundai dealer, parts/service may not be so easy - with the Aygo there is a great dealer network.

    Citroen 1, renault 107 and aygo are all based on their common platform, engineering processes are designed by Toyota.

    I think you mean Peugeot.. ;)
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