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Scrappage Scheme Bump Starts Car Sales

13

Comments

  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    Are they actually crushed or can they go to breakers, if they are crushed then they could export them instead. They don't think it through properly, just come up with an idea to prop up the motor industry for five minutes then it will be on it a rse again in a few months when the money runs out. Two dealers have gone t1ts up here this month, thats four or five in the last six months.
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bo_drinker wrote: »
    Are they actually crushed or can they go to breakers, if they are crushed then they could export them instead. They don't think it through properly, just come up with an idea to prop up the motor industry for five minutes then it will be on it a rse again in a few months when the money runs out. Two dealers have gone t1ts up here this month, thats four or five in the last six months.

    They are completely crushed.
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    They are completely crushed.
    Bl00dy ridiculous :confused: I bet they are crushing better cars than many are driving on a daily basis, including me (P reg Golf Tdi)
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    geoffky wrote: »
    When i bought my car i had to pay for it to be offset for 40k miles...
    What does this mean in practise Geoff?

    Is it a carbon offset arrangement?
  • andygb
    andygb Posts: 14,655 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are completely crushed.

    This is a more realistic answer:
    http://www.cartakeback.com/en/recycling.asp
    To say that they are simply "crushed" is quite wrong. I personally think that this scheme is wasteful, and contributes to environmental problems rather than curing them. I for one will never buy a new car, I never have, even when I was in work and able to afford one. As other people have already said, we have a problem with over production of cars, the situation is quite mad. There are too many new cars for the numbers of people who can genuinely afford to buy one. Of course, we could always go back to the "buy now, pay later" culture which has landed us in this economic mess. Very soon, the government, convinced that the scrappage (I hate that word) scheme is working, will lower the age to five years for the "donor" vehicle. At our local Ford dealership, they are advertising up to £5000 scrappage allowance!!! The price of a new Fiesta is around the £10,000 mark - ludicrous!
    My current transport is a nine year old Mondeo, picked up at auction five years ago for £2300, it now has 80,000 miles on it, and has been more economic and reliable than any BMW 5 series which I have owned in the past. I hope that it will last another five years.
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    JasonLVC wrote: »
    Yes, Ford have introdcued several price rises in as many months but I'm not buying the constantly trotted out excuse that it is the Euro's fault. Some cars are amnufactured and built in the UK, using UK components so how the Euro affects the price...:confused:

    It's nothing to do with the Euro or anything 'complicated' at all. The price rises are simply to counter the £2k they're 'giving you back'. And that's it. Surely anyone with a brain cell in their head can see this? :rolleyes:

    Rob
  • geoffky
    geoffky Posts: 6,835 Forumite
    kabayiri wrote: »
    What does this mean in practise Geoff?

    Is it a carbon offset arrangement?


    yes it was a carbon offset fee.in the price of buying...

    http://www.autobloggreen.com/2006/08/01/land-rovers-carbon-offset-program/
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Scrappage Scheme Bump Starts Car Sales

    Unfortunately the money is projected to run out by October, so this is likely to be another short term 'things are getting better story'.
  • flea72
    flea72 Posts: 5,392 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    the main buyers on the scrappage scheme are young drivers, who are trading in the hand-me-downs they got off the parents, or people who cant afford to blow £7k plus on car, but can just about manage a £5k car, paid off over 5yrs

    the cars are not crushed, they are scrapped, hence the name 'scrappage scheme'. The cars get sold on to breakers, who strip and sell the parts - so yes, in some ways it is recycling

    However, i agree the majority of the cars coming through on scrappage, still have lots of life left in them - the 'heaps' are virtually non-existent

    Flea
  • Hi

    I have signed on the dotted line for a new yaris in September. However.... does anyone know which insurance companies will cover you for the valoue of the car (to me its worth £2,500) and if anything happens inbetween I have severely lost out. The man at Toyota had read something about htis in an auto mag - it said the name of some companies that recognised that once you have signed the deal your car means more to you.... and insurance pays out accordingly. AA have just said its ony market value that they pay... anyone got any company names?

    Tracey
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