Boo to new scrappage scheme

System

Car_54 wrote: »

Even if the cars could be built to last for ever, there comes a point where it becomes uneconomical to keep it running. Some parts (tyres, batteries) inevitably have a finite life, and there must come a point where the cost of replacement is perceived as too high relative to the value of the vehicle.

There is almost never a time where it is uneconomical to repair a car. You'll find Americans putting new engines and gearboxes in a Honda Accord that is 20 years old because $2000 for a new gearbox which is never likely to need changing again is a whole lot cheaper than even the first few months depreciation on a new car.

Take the Kia Rio 3 someone posted about buying on here. New price, £15,995. There are 2017 models with less than 5000 miles on on Ebay for £10,000 so that is almost £6,000 depreciation in just 8 months before you factor in any interest there would be on any finance deal. You will never ever get to the point with an old car where you will spend £6000 on repairs in a year. Hell I've restored 30 year old cars and the total for the bodywork for replacement arches, wings and other rust repairs plus a full respray and the mechanicals including reconditioned engine wasn't that much.

The only time it isn't worth repairing a car over replacing is when the bodywork has got to the point that rust is affecting structural integrity.

Car_54

Tarambor wrote: »

There is almost never a time where it is uneconomical to repair a car. You'll find Americans putting new engines and gearboxes in a Honda Accord that is 20 years old because $2000 for a new gearbox which is never likely to need changing again is a whole lot cheaper than even the first few months depreciation on a new car.

But that isn't the choice facing the owner of a 20-y-o Accord. He isn't likely to buy a new one.

If he doesn't repair, the alternative is probably a slightly newer banger.

patman99

The 'scrappage' schemes being rolled-out by vehicle manufacturers won't necessarily take older cars out of circulation.

Likely the manufacturers will tie-in with a national vehicle scrapper like CoPart. These guys don't crush or break vehicles. Instead, they auction the vehicle 'as-is', so if they are capable of passing a VOSA inspection, then they would be back on the road.

Anyway, Ford were one of the many who increased vehicle prices by £2,000 a month prior to Brown's scrappage scheme, thus using it to rip off the customer.

takman

patman99 wrote: »

The 'scrappage' schemes being rolled-out by vehicle manufacturers won't necessarily take older cars out of circulation.

Likely the manufacturers will tie-in with a national vehicle scrapper like CoPart. These guys don't crush or break vehicles. Instead, they auction the vehicle 'as-is', so if they are capable of passing a VOSA inspection, then they would be back on the road.

Anyway, Ford were one of the many who increased vehicle prices by £2,000 a month prior to Brown's scrappage scheme, thus using it to rip off the customer.

Ford have guaranteed that all the cars will be scrapped.

buglawton

MatthewAinsworth wrote: »

Is the future banger supply now doomed generally I wonder? {If it is to all intents and purposes (can't charge an electric either where I live) I would sooner walk to work (30 mins) than pay or catch the bus (1 hour to work because the stupid bus changes out of town). I would cycle of it weren't for the hills}

Electric bike.

Terry98

I have got a 14 year old Ford that is worth £500 and keep thinking I should replace it.

I get it serviced and MOT'd once a year and it has never let me down.

The depreciation on any new Ford has got to be well over £2000 in the first year so why would I want to go for this scrappage scheme?

When I do change it I will get a 'new' one year old car that has suffered up to 30% depreciation like the last time I bought a car!

Nodding_Donkey

patman99 wrote: »

The 'scrappage' schemes being rolled-out by vehicle manufacturers won't necessarily take older cars out of circulation.

Likely the manufacturers will tie-in with a national vehicle scrapper like CoPart. These guys don't crush or break vehicles. Instead, they auction the vehicle 'as-is', so if they are capable of passing a VOSA inspection, then they would be back on the road.

Anyway, Ford were one of the many who increased vehicle prices by £2,000 a month prior to Brown's scrappage scheme, thus using it to rip off the customer.

The list of cars that were crushed due to Brown's scrappage scheme has made many a petrolhead cry when they've seen the classic cars that were included

almillar

Is the future banger supply now doomed generally I wonder?

Er, no. Unless everyone driving an old car starts frothing at the mouth and decides they suddenly need a brand new BMW or Ford.

Shaka_Zulu

kmb500 wrote: »

Just marketing rubbish, won't save anyone any money. If you're buying a new car the dealer will likely give you significant reductions anyway. When I was looking at new cars around the £17-20K mark, every dealer for every manufacturer knocked at least £2000 off the RRP, some of them knocked off £3-4K. The car I was trading in was worth next to nothing.

Exactly

If you can't get £2k+ off these cars by haggling you aren't doing a very good job. You will then have your banger to sell on.

Smoke and mirrors for the gullible (or my mother)!

Ectophile

Nodding_Donkey wrote: »

The list of cars that were crushed due to Brown's scrappage scheme has made many a petrolhead cry when they've seen the classic cars that were included

But then there were a few complete sheds as well.

I had an old Land Rover. Years of exposure to the sea air meant that it was falling apart (and I don't mean figuratively - bits fell off it from time to time). It drank diesel at about 23MPG. As part of the starting procedure, I always looked over my shoulder to ensure that no unsuspecting pedestrians were walking by - I didn't want to engulf them in a cloud of evil smelling grey smoke.

I was sad to see it go, but it really was beyond economic repair.

The little Fiat Panda I bought is still going.