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Using someone else's banger for scrappage

anewman
anewman Posts: 9,200 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
edited 8 January 2010 at 7:27PM in Motoring
I have a car that would qualify for scrappage and my sister is after a new car. My car is probably coming to the end of its life anyway with an MOT due in a few months, having needed welding at last one. An idea is that I might use my car for scrappage so she can get £2000 off a new car, and I could buy her current car cheaply.

I understand the scheme comes to an end soon, that the new car must be registered in the banger owner's name, and also it has to have been owned for at least a year.

I was thinking perhaps if I go to the dealer with her she can pay by debit card (to save money transfer hassle), as soon as I get the V5 the car can then be put into her name.

Was wondering if anyone else had any further suggestions that might help make this process easier?

Thanks in advance.

Comments

  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    It means that she will be effectify be buyin a new car that has already had one owner. So not really worth it. So she might aswell buy a pre reg'd car at a discount anyway.
  • catflea
    catflea Posts: 6,620 Forumite
    Ask the dealer! Most of them seem to be OK (from what I've heard) of accepting a car in a different name to who its being sold to. As long as both parties are present!

    Make sure she negotiates a decent price though before mentioning the S word..... :D
    Proud of who, and what, I am. :female::male:
    :cool:
  • anewman
    anewman Posts: 9,200 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It means that she will be effectify be buyin a new car that has already had one owner. So not really worth it. So she might aswell buy a pre reg'd car at a discount anyway.
    Yes that's the first thing I mentioned, but she said she would hope to keep the new one for a while rather than sell it on, so resale value isn't much of an issue for her.

    She's currently looking at a Hyundai i20 I think. Just looked on autotrader and a 1.2 classic pre-registered can be had for £8,537 which are apparently £9,340 new so with scrappage is £1197 cheaper.
  • anewman
    anewman Posts: 9,200 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    catflea wrote: »
    Ask the dealer! Most of them seem to be OK (from what I've heard) of accepting a car in a different name to who its being sold to. As long as both parties are present!
    Well that would be great if that would work. Will have to see what the dealer says.
    catflea wrote: »
    Make sure she negotiates a decent price though before mentioning the S word..... :D
    I think the car she wants is one of the most popular and they've seen the most increased sales due to the scrappage scheme, my bet is there won't be much bargaining room, but I will suggest it.
  • Inactive
    Inactive Posts: 14,509 Forumite
    anewman wrote: »

    She's currently looking at a Hyundai i20 I think. Just looked on autotrader and a 1.2 classic pre-registered can be had for £8,537 which are apparently £9,340 new so with scrappage is £1197 cheaper.

    Ouch, Pre Reg 59 plates with the 1.2 engine were selling for £6400 a couple of months ago, the manufacturers are milking this to death.
  • anewman
    anewman Posts: 9,200 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Inactive wrote: »
    Ouch, Pre Reg 59 plates with the 1.2 engine were selling for £6400 a couple of months ago, the manufacturers are milking this to death.
    Sounds like a great price. Done some more searching but couldn't find anything else. My bet is the ones that still have them are the ones that overpriced them, hence the one on Autotrader. Would need to wait until the next reg for more pre-registered cars I guess.
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