£2000 for your old car.

I dont plan to use anything like this if it does come about, hence i said of my own money. However some people just cant afford the full amount by themselves, and if it has worked in other countries to get the car market going again they might aswell try it over here for a while aswell.

What do you mean by can't afford the full amount? You don't need the "full amount" to get a good car, and if you are really that poor you shouldn't be buying a new car, unless you can get some heft discounts/deals.
 
Also what's to stop you buying loads of £500 cars and getting £2000 for each?

:confused::confused: How about the fact that you'd need to buy a new or nearly new car for each £500 car?

whatleytom said:
You could probably make some money out of this. Buy scrappy car 200 quid. get 2k from this organisation. Buy nearly new car for 20k or whatever. Sell said car straight away, keep 2k organisation has supplied.

:confused: Why would someone buy a new or nearly new car from a private seller for more than they could get from a dealer if they had their own shed to scrap?
 
I've got a 97 fiesta 1.25 which i paid 1k for, its probably worth less now as its 104k mileage, bushes need doing among other things. I doubt i'd get close to 1k if i sold it now.

I'd happily scrap it for 2k, then buy a Ford Puma or something with the 2k.
 
I'd happily scrap it for 2k, then buy a Ford Puma or something with the 2k.

No you wouldn't. If you read the first line of the article it is a proposal to kick-start the new (and nearly-new) car market. Unless someone has started making Pumas again, and for £2000, you would not be doing the above.

yantorsen said:
Also what's to stop you buying loads of £500 cars and getting £2000 for each?

You wouldn't be able to rock up with an old banger and simply "cash it in" for £2000, the government might be daft but they aren't that daft. It would only be able to be used against the purchase of a brand new (or nearly new) car from a dealership.

jaxon said:
I know of an easier way, just charge £1000 road tax for those cars with poor CO2 emissions
How's that going to work? Simply taxing high emissions cars (or cars with no emission data available) off the road will just create a mountain of scrap cars people can no longer affort to own that are otherwise perfectly servicable, and puts motoring out of the reach of millions of people. These people will then be unable to travel and lose their jobs. There will be nobody to fill these jobs because many people can no longer afford to drive, particularly at the lower end of the salary scale. What would happen if your local Asda, Morrisons and Tesco all had their staff numbers reduced from 500 to 100 overnight? So that isn't going to do the economy any favours whatsoever, and will have zero effect on helping the new car market.......

whatleytom said:
You could probably make some money out of this. Buy scrappy car 200 quid. get 2k from this organisation. Buy nearly new car for 20k or whatever. Sell said car straight away, keep 2k organisation has supplied.
Who is going to buy a 20k car from you privately when they could buy it from a main dealer with full backup for the same price?
 
Thinking about my mum's situation:

She has a 98 Clio 1.2, worth a few hundred pounds. I've tried convincing her to upgrade to a 02-03 Yaris/Fiesta/Jazz for around £3k; i.e. a spend of £2.5k for a 6 year old car.

With this scheme, with £2k for her clio, she would have to spend an extra £5k (guessing?) for a similar new car (07/08 reg from a dealer - guessing again). That's twice what she would normally spend in cash in a single purchase. I personally can't see her doing it unless the dealer offers 0% or very low interest payment plan as well.
 
Is there a source for this? I'm getting my new car soon and I believe my X-plate 206 would qualify for this. It's currently worth 1.5k or so
 
Last edited:
Lol, some people really should learn how to read!

Yes sir we will give you 2k for your 106 which is actually worth £300, however the new price of your car has just gone up by £1700, discount, sorry sir we don't do those.

Its a CON!
 
I may be a bit sceptical, but what's to stop the car manufacturers increasing their prices as well or stop offering discounts?
My wife has a 1999 Ka and wants to change it for a mini in the future, so 2k off a new / nearly new one would be a bonus.
The problem will still be people struggling to get finance though, isn't this some of what has slowed down car sales as well as the economy slowdown.
 
Because the government doesn't make any cash out of 2nd hand car sales, so they hide behind the green facade trying to con people into changing to a new car.
They dish out all the spiel about Co2, etc and the gullible people fall for it.
 
It is a massive con. It's better for the environment for me to keep my Fiesta and run it into the ground rather than causing all the environmental damage from disposing of the car and then all the CO2 wasted to make the new car. Say I brought a new Fiesta Econetic, with 99g/km (or whatever the measure is) and disposed of my old car which emits 164g/km surely all the CO2 emitted from the disposal of my old vehicle and all the CO2 emitted from the manufacture and transport of a new vehicle would completely counteract the benefit of having a more economical car?? I can't even see it helping shift cars, people aren't buying cars because of the lack of easily accessible credit.

It's all a ploy to generate money from VAT and all the other taxes imposed. I certainly will not be getting rid of an older car, just to save £10 a month on tax and about a couple of quid a week on fuel.
 
This is a measure to restrict the availability of cheap cars, nothing more and will drive up the cost of motoring. Wow I can get £2000 for my banger, I'll be paying £2500 for a slightly better banger

If there was an even vaguely fit for purpose public transport infastructure in this country (and I mean the whole country, not just urbanised areas) then this might have some merit, but considering pretty much every employed person needs to own a car this is completly unfair.
 
Last edited:
[TW]Fox;13513999 said:
Why do they ignore the fact recycling old cars by using them is more environmentally friendly than making a brand new car?

because its designed to shift new or nearly new cars to keep the car manufacturers in work using the whole 'green' is just another point they put fowards

[TW]Fox;13514196 said:
Is it me or has Yanterson fancied himself as some sort of car expert of late? :D

I didn't think he could drive:p ?
 
Last edited:
Lol, some people really should learn how to read!

Yes sir we will give you 2k for your 106 which is actually worth £300, however the new price of your car has just gone up by £1700, discount, sorry sir we don't do those.

Its a CON!
It's not the garage that pays out the 2k, it's the government. They would have no reason to bump up the price of what you're buying. That's the whole reason for the scheme! To shift metal and get some cash flow going.

I think the main problem with it is that people who have an old banger are unlikely to have the spare cash to get a new car, full stop. Having said that though, it does seem to be working in France and Germany.
 
Back
Top Bottom