New car news

Cash for crapbox

22 April 2009 - 16:00

Scrappage scheme, Darling?

Read Paul Horrell's blog

Chancellor Alistair Darling has confirmed the long-expected news that the government will introduce a ‘cash for crapbox' (OK, that's not the official title, but it helps us remember it) car scrappage scheme, starting next month.

New car buyers will receive a £2,000 discount when they scrap their old car, which must be over 10 years old.

The government will stump up £1,000 of the discount, with the car industry paying the other half. The scheme will run from mid-May, and is scheduled to finish at the end of March next year.

Here's the technical stuff: the car you're scrapping must have been registered in the UK on or before July 31, 1999, and must have been continuously registered to a UK resident for 12 months before being scrapped. It must also have a current MOT certificate. So if you're thinking about hauling out the old Austin Allegro that's been rusting into a heap at the end of your garden for the past 20 years, don't. It won't work.

The £2,000 discount will apply to all new cars, not just low-CO2 or ‘green' vehicles - good news for Jaguar and Land Rover.

Darling also used the Budget to announce that fuel duty would increase by 2p per litre this September, and will rise by 1p per litre over the rate of inflation each April for the next four years. Oh, and some stuff about income tax and stamp duty, though we didn't really pay much attention to that.

The big news, obviously, is the scrappage scheme. What do you reckon? Welcome kick-start to the UK car industry, or a horrible, pointless waste of money? Our Foreman, Paul Horrell, has some pretty strong opinions. Head over to his blog and weigh in with your argument.

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At least they did put some restrictions on the program. Here in California for a short time the state would pay you to just turn a car in, it quickly became a cottage industry, with people buying garbage cars for $300 USD and taking them to the state and collecting upto $2,500 to remove the polluter from the roads. They quickly got wise to it, and ended the program. Really though, the only cars you are going to get are the complete junk, or 2nd car that does not see much road use anyways.

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More fuel duty!!! Do they not realise there is a recession on? Who is going to buy a new car when you will need to re-mortgage (which you cant even do now) just to pay to get to your job that your soon to be fired from. Chimps could run the Govenment and economy better. Although I do quite like the cash for crap scheme. Good job monkey boy.

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This'll be good for my 14 year old 306!

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It's a waste of time. Most people that are driving 10-year old cars do so because they can't afford a new motor. Let's say you're a family man that needs a Mondeo estate of similar. You can't afford the £20,000 needed to buy a new one, so you drive a £2,000 banger. How is a reduction in price to £18,000 going to make a new car attractive? Answer: it isn't. The only people to actually benefit from this will be people that only need tiny cars - £2,000 of the price of a Suzuki Swift (for instance) is a fair old discount. Even then, I'm massively dubious that many people will actually do this.

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It is a wonderful piece of crap.

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load of b******. I have a 10 yr old Golf GTI with Satnav,climate con, leather heated seats etc. 2k is not going to help me, I still have to get credit/loan/whatever which will leave me in debt with a slower, less well equipped car. why would i do this? If your in the market for a new car, fair enough, otherwise why?? The eyebows are trying to distract us from crap in the mouth!

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Funny to see the chain reaction TG caused by airing the TV cheap car challenges. People realized that they didn´t need to change their cars every 2 years.. Now the country administrators are trying to fix the problem caused by the TG producers. A solution would be showing Jeremy C, talking horror stories of repair bills on bangers, or telling everybody that a old airbag could not work properly. Hilvar, from Lys

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i think Darling has really done something terrible. if some people out there own classics or future classics, like the original mini or the old Golf GTI, they may want to get rid of them to buy new. that means we'll lose some of the best cars of eras gone by...

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JamesC: I stated nearly the same a while back, but overall it might help just a little bit. This way, Vauxhall might not go broke. GTIJones: Your car is probably in a better state then most 10yr old cars, right? You obviously love it and care for it. So you're not the target. Perhaps there are people with an old banger who might be tempted to buy an Aygo this way. Those are the happy few : ) I don't believe the use of this either, but at least the UK spends 2000 a car on it. In the NL, The Hague gives you 1000. Euros, that is. I'm bothered about that, it sort of offends.

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I bet the car companies are pleased about being told to stump up 1/2 of the cashback. Let's expect proces to jump up by a nice uniform £1000. On the plus side, I'm about to sell a 19 year old car. It's value has just jumped. Other than that I can't see what effect this will have on the car industry. Those who can afford new cars don't drive bangers. Those who drive bangers can't afford (or choose not to) new cars. I was pleased to see Darling move out of the transport ministry, given the state of our economyI feel I may have been wrong. It appears he can do more damage where he is now. I assume everyone has heard of the theory of promotion to the point of least ability?

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I have to say that in the current climate, all I see is my taxes subsidising people who want a new car. Getting sick of a government who sees me as the solution to the national debt.

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I'm not convinced about this 2k idea, I thought the government wanted us all to stop driving and use public transport? I think we are all better building our own McLaren F1 replicas like this guy did in his shed: www.pistonheads.com/news/default.asp?storyId=19796 I mean how hard can it be?

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This will enable creepy car salesmen to put an even greater financial smokescreen around the horrible experience of trying to do a deal on a new car. Mick.

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iv sen a problem, how am i (a 17 year old) ment to afford a new car? as there will be alot less 2nd hand cars to buy, cuz peeps are going to go for 2 grand insteaad of 500 quid. im glad iv got my car nw so i dont have to worry but tht will b a problem

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Don`t people see, It`s all government BULLS***T again, making people think what they`re doing with OUR MONEY is "right", It`s the tax payer`s money is what they are spending!!!!! Why should WE have to pay for this BS when we are all deep in the SH*T (recession) because of them, isn`t it about time there was a way to stand up to these hypocrite`s and sort these things out without some overpaid a**hole controlling our lives!!

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Most people driving an old car now are happy they are not in debt so probably wont change. If you realy wanted 2 grand off a new car you could probably haggle it anyway.

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Once again its rip off britain, been looking at buying a new car for some weeks so know what dscounts are out there, Gess what all the dealers have reduced there discounts by a £1000 yesterday so if you srcap your car your only getting the £1000 once you have paid the increace. So thats everyone thats buying a new car will pay £1000 more regardles of if your useing the scheme or not, hang off buying a new car. (if you can)

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How do people as monumentally stupid as this end up governing the rest of us?

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Because they are con men and we fall for it every time

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What a stupid idea!! Think of all of the wonderfull old cars that will be given the chop!!

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I have a bad feeling that this is going to put a lot of garages out of business and also cause more debt. This really is a terrible idea. Many classic cars will be destroyed and what's the point if nearly all of the cars on our roads are imported anyway, we will just be chucking money out of the country.

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I guess this wil make da bargain buys section in the autotrader pretty much useless

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they should do a challenge where the uy ten year old cars{ transit,favorit} and see what the can get with the innetiave{c4,panda}

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they should do a challenge where the uy ten year old cars{ transit,favorit} and see what the can get with the innetiave{c4,panda}

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they should do a challenge where the uy ten year old cars{ transit,favorit} and see what the can get with the innetiave{c4,panda}

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You should see some of the cars that ARE being scrapped !!!!! Nice big Mercs ?? Mk3 Golf cabrio ! Mk3 Golf Gti only done 70K miles .. A very nice car with Air-Caon ???? A Teg Bora A Polo that had only done 20K miles And the best - - - T reg Audi Cabrio .. a perfect car with grey leather ? All gone for scrap .. And thats just some that ive seen ..Not even looked at the fords ?

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Have a look at this link ..http://z14.invisionfree.com/volksdevil/index.php?showtopic=10846&st=0 Some cars are being bought off the dealers .. Then resold !! Mike

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http://z14.invisionfree.com/volksdevil/index.php?showtopic=10846&st=0

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Bump , Bump ....

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but the price of new cars has also went up by about £2000 so its a false economy. and think about some of the future classic cars that are going to the scrapper. i seen a fantastic looking 1980's mercedes 230e in a scrap queue

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