Scrappage scheme 'to be extended'

Lotus-eater

Has anyone tried to get a scrappage discount and then gone the previously cheapest route, getting quotes from online brokers?
Just wondered what the difference would be.

Really2

Lotus-eater wrote: »

Has anyone tried to get a scrappage discount and then gone the previously cheapest route, getting quotes from online brokers?
Just wondered what the difference would be.

I think anyone would struggle to get a sub £10K car for cheaper on line than the scrappage scheme. I think some cars you can pick up for as little as £4K.

Looking on auto Trader an Hyundai I10 pre reg 2008 model is more than the standard on the road price on Hyundai's website (£7,4000) so you would get at least the £2K saving according to that!

Lotus-eater

Really2 wrote: »

I think anyone would struggle to get a sub £10K car for cheaper on line than the scrappage scheme. I think some cars you can pick up for as little as £4K.

That may be so, but unless you have done it, I would suggest you don't know, prices change all the time.
Three years ago I wanted to buy a new car, list price about £12k I think. Can't remember the exact discount between local garages and brokers online, but it was at least £2k
Maybe the online brokers will give you the scrappage scheme as well?

ninky_2

Lotus-eater wrote: »

That may be so, but unless you have done it, I would suggest you don't know, prices change all the time.
Three years ago I wanted to buy a new car, list price about £12k I think. Can't remember the exact discount between local garages and brokers online, but it was at least £2k
Maybe the online brokers will give you the scrappage scheme as well?

i think with the scrappage scheme because it is appealing to some who otherwise would not have bought new it's more a case of people going for the cheaper models on offer rather than looking at what car they want and adding the discount. don't know for sure but it would be interesting to see which models have seen the biggest take up on this scheme. i doubt your 12k cars are the biggest takers.

Really2

Lotus-eater wrote: »

That may be so, but unless you have done it, I would suggest you don't know, prices change all the time.

Looking on auto Trader an Hyundai I10 pre reg 2008 model is more than the standard on the road price on Hyundai's website (£7,4000) so you would get at least the £2K saving according to that!

Posted the above later later I did not have time to reaserch straight away.

Anyway links as proof.
http://www.autotrader.co.uk/es-uk/www/cars/HYUNDAI+I10/Ne-2-4-5-6-7-8-27-44-49-53-61-67-75-103-133-234-236-268-274-291,N-237-238-272-4294955472-4294965319/newVehicle_search.action?showMoreOptions=&formSearchParams=Ne%3D2%2B4%2B5%2B6%2B7%2B8%2B27%2B44%2B49%2B53%2B61%2B67%2B75%2B103%2B133%2B234%2B236%2B268%2B274%2B291%26N%3D237%2B238%2B272%2B4294955472%2B4294965319&make=HYUNDAI&model=I10&min_pr=&max_pr=&referrer=quick&e_min_pr=Ne%3D2%2B4%2B5%2B6%2B7%2B8%2B27%2B44%2B49%2B53%2B61%2B67%2B75%2B103%2B133%2B236%2B234%2B274%2B291%2B268%26N%3D272%2B237%2B238%2B4294965319%2B4294955472%2B15&e_max_pr=&ukcarsearch_full.x=34&ukcarsearch_full.y=9&ukcarsearch_full=SEARCH

http://www.hyundai.co.uk/newCars/i10/

I did make a small mistake the 2008 pre reg is a "comfort" which is £8K. so still £1600 cheaper for the scrappage deal and you get a newer car.

roddydogs

Graham_Devon wrote: »

It's helping out the car industry, an industry that in this country could provide thousands upon thousands more unemployed if not artificially propped up through gimmicks to get us buying. It's not really helping the buyers, though some may "think" they are getting a good bargain, they are not really. For 1, car prices were put up about 5% on announcement of the scheme (or about 2 weeks after it was announced but before it was available). They were then put up yet again when the scheme actually started and the money was there. Secondly, if the government had not meddled, these people would have got an absolute bargain thanks to piling stocks, plus they would still have their old car to sell, not scrap, which has just put all those who can't afford a new car at a disadvantage as second user prices have shot up due to this manufactured lack of supply.

But the problem is, these job losses WILL come when we can no longer afford, or, justify this gimmick.

That will come once the election is sorted out and over and done with.

If its "Helping" the car industry, why is the "Car Industry" not offering the "Scrappage Deal" LESS the £1000 the Government (Taxpayer--ie "US") some dealers are offering £2500 off with scrappage, why cant someone get the £1500 without scrappage? If the "Car industry" is so desperate?

Graham_Devon

roddydogs wrote: »

If its "Helping" the car industry, why is the "Car Industry" not offering the "Scrappage Deal" LESS the £1000 the Government (Taxpayer--ie "US") some dealers are offering £2500 off with scrappage, why cant someone get the £1500 without scrappage? If the "Car industry" is so desperate?

They could have done, but at the moment, the car industry can just whimper a bit and Mandleson gives them more cash effectively.

Whats the incentive to knock down prices when instead you can just whimper to the government? They won't offer more when they don't have to.

Martinslovechild

Really2 wrote: »

Looking on auto Trader an Hyundai I10 pre reg 2008 model is more than the standard on the road price on Hyundai's website (£7,4000) so you would get at least the £2K saving according to that!

74 thousand pounds for a Hyundai!!!???!!

Does it have a Ferrari engine?

JayScottGreenspan

JasonLVC wrote: »

Well the VAT on a car costing £7,600 is £1,000 which is exactly how much the government are putting into the scheme and considering the average person spends around £10k on a new car, then the government are quids in on this one.

Even if punters buy a Korean car, it will be subject to import duty and VAT so still the government make on this deal. Only if we all go out and buy cars costing less than £7k will this actually cost the Treasury money.

If someone buys a £7k car under the scrapage scheme that they wouldn't have otherwise bought then it costs the Treasury nothing.

If someone buys a £7k car under the scrapage scheme that they would have bought anyway then it costs the Treasury £1,000.

Heyman_2

Graham_Devon wrote: »

They could have done, but at the moment, the car industry can just whimper a bit and Mandleson gives them more cash effectively.

Whats the incentive to knock down prices when instead you can just whimper to the government? They won't offer more when they don't have to.

Hence why other companies are trying to get in on the act. Scrappage schemes for refrigerators, TVs, Washing Machines, Boilers etc etc are all getting a mention at the moment.

Oh, and bailouts.

Companies are seeing the car-makers and banks getting bailed out with tax-payer cash and are desperately trying to get their snouts in the already over-crowded trough! :mad: