Diesel scrappage scheme exclusively to new cars?

willwin01

Hi,

I wanted to know if there is anywhere that does a scrappage scheme on used cars rather than new.
I have a diesel which I want to get rid of but my credit rating isn't good enough to buy new (just tried vw scrappage and got refused) so I went to zuto and have had a approved loan. I would still like to get some value out of a diesel scrappage scheme somewhere as vw were offering me £2600 for my 07 polo, which I don't think I'll get in any part exchange seen as I value it at about £1500 tops. Any advice people?

Thanks in advance,

Will.

Lucky_Duck_2

These 'scappage' offers are, in effect, guaranteed trade in value incentives run by individual companies so it will vary from place to place.

The term 'scrappage' is slightly misleading as it suggest a similar arrangement to the government backed one a few years back

seatbeltnoob

probably not scrapped, most likely sold on or exported to a developing country to be sold.

Ectophile

seatbeltnoob wrote: »

probably not scrapped, most likely sold on or exported to a developing country to be sold.

The ones I have looked at do guarantee that the car will be scrapped.

unholyangel

Afaik, the only one to offer used for used was Nissans switch scheme but their page indicates its only for used LEAF cars and has less than a month to run.

You have quite a few options available. Your car might get more as a trade in than you would with a scrappage scheme. Or if you can afford to pay a bigger deposit, that may get you accepted for finance. Check your credit report (even just on noddle) if you dont already and see if there are any open accounts you don't use that you could close - companies don't just look at how much you currently owe but how much credit you have available to you. Or perhaps accounts you do use the credit limit could be lowered.

Typically though, scrappage schemes are run with the intention of people turning in older cars for new & more efficient models so you'll probably be unlikely to get many (if any) for used cars.

Shaka_Zulu

willwin01 wrote: »

Any advice people?

Thanks in advance,

Will.

Keep your current car and save up to buy a new one.

If your credit rating is bad your APR will be extortionate with Zuto.

AdrianC

The "scrappage" is entirely money from the car manufacturers. They have a much greater incentive to sell you a new car than a used one. Apart from anything else, if they offered a substantial (four-figure) discount on a used car, they would almost certainly be making a loss on the sale.

Scrapping your 10yo Polo - a car with years more use in it - is hardly the most environmentally considerate of policies, is it?

silverwhistle

Why do you want to get rid of your car? A question any buyer will also ask!

If you're in a poor financial situation such that your credit rating is bad why make it worse by borrowing more at extortionate rates of interest?

seatbeltnoob

Ectophile wrote: »

The ones I have looked at do guarantee that the car will be scrapped.

I suppose if you take a car and then dismantle all the parts of any value and sell it on ebay and then just discard the chassis that could technically be scrapping.

[Deleted User]

it's just a big con to remove perfectly good used cars off the market to push up prices of what is available, which they hope will push more people into buying new.

Everyone knows that making new cars is more harmful to the environment than running a car into the ground.

seatbeltnoob

silverwhistle wrote: »

Why do you want to get rid of your car? A question any buyer will also ask!

If you're in a poor financial situation such that your credit rating is bad why make it worse by borrowing more at extortionate rates of interest?

my question too. why get rid of the polo?

Dont make rash decisions after hearing about the diesel tax, you need to wait it out before making the decision to switch. It could just be £40-£50 increase in road tax which is nothing.