Car Scrappage Scheme

janesssssy · 3 Oct 2009 at 21:32

My idea of the scapage scheme:

If I have a 10 year old car and want a new one, say its 13k. - 2k = 11k.
If I had 11k to spend on a new car - why would I have a 10yr old car in the first place?

Now I said that to a salesman today!, and he glazed over and me and the wife looked at each and laughed under our breath. Was rather funny.

is this a way of the government getting people on finance deals? to get money back in the "system" ummm sorry if OT

jamoor · 3 Oct 2009 at 21:44

snowdog said:
Check out the quality of a used yaris compared to a new i20...

EFA

Old Wino · 3 Oct 2009 at 23:30

Nick1881 · 4 Oct 2009 at 09:48

[TW]Fox;15018873 said:
Scrappage - giving you £2000 off cars that are £2000 more expensive than they were 24 months ago.

O RLY?

Example - New Civic Type R about £17,000, probably less then they were 24 months ago.

[TW]Fox · 4 Oct 2009 at 09:49

mr_x_plosion said:
O RLY?

YA RLY

Example - New Civic Type R about £17,000, probably less then they were 24 months ago.

Most scrappage customers (Source: UK Car Sales Data, August 2009) are not trading in for Honda Civic Type-R's. It's small stuff like Picantos and Pandas and Ka's - cars which a few years ago were available for £4995. Now they are £6995, or £2000 off with Scrappage...

Janesy B · 4 Oct 2009 at 09:51

mr_x_plosion said:
O RLY?

Example - New Civic Type R about £17,000, probably less then they were 24 months ago.

Lets be honest here, how many people will be trading in an 11 year old Escort for a new Civic Type R? The prices of bottom of the range small cars have risen.

ToastedCheese · 4 Oct 2009 at 11:27

The dealer was a Fiat dealership. I was looking at a new Panda for the wife.

I've done some research and the list price of Panda in 2003 when first released was £6,295. The 2009 price for the same car is £7350 (that is after the VAT reduction as well).

So that is a £1055 increase. I would like to get a 2007/8 price but can't find it.

This is interesting...

A 2008 price of a Hyundai i10 was £6495, this year it is £7,400.

[TW]Fox · 4 Oct 2009 at 11:40

The Hyundai price is more telling - a grand more in only a year and the value of most 'scrappage' cars plus a bit of dealer discount means if you bought an i10 now using scrappage instead of last year you would save..... Nothing.

Great!

stockhausen · 4 Oct 2009 at 16:45

[TW]Fox;15021189 said:
Most scrappage customers (Source: UK Car Sales Data, August 2009) are not trading in for Honda Civic Type-R's. It's small stuff like Picantos and Pandas and Ka's ...

[TW]Fox;15021634 said:
The Hyundai price is more telling - a grand more in only a year and the value of most 'scrappage' cars plus a bit of dealer discount means if you bought an i10 now using scrappage instead of last year you would save..... Nothing.

Do you actually have a real source for these statistics or do you just make them up on the spot?

I ask because I understand (from Parker's Guide) that up until the end of August, the top selling manufacturer was Hyundai with Ford a very close 2nd and Toyota some way behind in 3rd place. The top selling Hyundai was the i10.

[TW]Fox · 4 Oct 2009 at 16:55

You ask me for a source then confirm what I wrote? Very strange.

I wont bother to find you a source as you have already provided one showing the sales success of the i10.

Janesy B · 4 Oct 2009 at 16:56

What has the top selling manufacturer got to do with the price of a car?

stockhausen · 4 Oct 2009 at 17:01

ToastedCheese said:
...
Anyone got any deals on the scappage - I'm now thinking to not even bother with the scrappage.

Parkers Guide http://www.parkers.co.uk/News/Scrappage-scheme/The-best-place-to-spend-your-2000-banger-bonus/ seems to suggest that the scrappage scheme offers a better deal than you are likely to get without it at present. That being the case, it seems unlikely that a dealer will offer a further discount although I suspect that if you have done your research, you may still be able either to get something "thrown in" or a very small additional discount.

£2000 is more of a discount than you'd find on any pre-registered C1 and the rest of Citroen's small car range, the C2, C3 and C3 Pluriel also work out cheaper under the scrappage allowance than with 'cashback' deals the brand is renowned for.

It isn't unusual to find pre-registered Panda and Grande Punto models with significant savings, but the popular 500 is rarely seen with any kind of discount. An easy £2000 off through the scheme will be the biggest discount available.

The Ka is another example of a small car becoming far more accessible under the scheme than with any discount a customer could reasonably hope to negotiate under normal circumstances.

Honda has admitted its profit margins on the Jazz model are 'wafer thin' so a £2000 discount on this incredibly practical small car makes it exceptional value.

Hyundai is one of the manufacturers most enthusiastic about the scrappage scheme, and £2000 off its cheap and cheerful i10 makes it by far the least expensive new car with air conditioning as standard.

This article does also suggest using the scrappage scheme to buy some fairly improbable "bargains" such as the Audi TT, BMW Z4 & Jaguar XF.

I get around · 4 Oct 2009 at 17:05

mjt said:
great, but you still ended up with a hyundai :/

That was the first thing that came into my head.
Who would willingly buy a hyundai.

jack_008 · 4 Oct 2009 at 17:06

ToastedCheese said:
Hi,

I went into a dealership today with intention of purchasing a new car utilising the scrappage scheme. So that is £2000 off the the OTR price of the car. However, am I being foolish to expect for some other reductions on the car?

The sales guy said it was "fixed price" the offer, clearly it can't be - I ended up walking out of the place with little fight from the salesperson to sell me something.

Anyone got any deals on the scappage - I'm now thinking to not even bother with the scrappage.

I think it depends on the dealer and whether they are having trouble shifting the car really, my mum got an additional £600 off when she bought a new Ka doing the scrappage thingy, as well as £400 worth of extras/freebies.

rypt · 4 Oct 2009 at 17:10

I get around said:
Who would willingly buy a hyundai.

Given how much better they are now than say even 5 years ago?
Plenty of people, even I'm starting to like some of them and where they are headed.
Give them a couple of years and they will be one of the top manufacturers volume wise.

stockhausen · 4 Oct 2009 at 17:15

I get around said:
...
Who would willingly buy a hyundai.

Perhaps someone who is looking for a reliable, economical, safe, well-equipped form of transport and who is not a narrow-minded snob rooted in Britain's glorious motoring history of 30 years ago :confused:

I suggest that you read some reviews of the Hyundai i20 and perhaps even go for a drive in one.

[TW]Fox · 4 Oct 2009 at 17:24

I see stockhausen has done his usual trick of ignoring replies which make him look daft.

Janesy B · 4 Oct 2009 at 17:26

[TW]Fox;15023587 said:
I see stockhausen has done his usual trick of ignoring replies which make him look daft.

I noticed that. It's happened a few times now. Ignorance is bliss eh?

stockhausen · 4 Oct 2009 at 17:48

[TW]Fox;15023587 said:
I see stockhausen has done his usual trick of ignoring replies which make him look daft.

Which questions do you need help with there Foxy?

Nick1881 · 4 Oct 2009 at 18:29

Janesy B said:
Lets be honest here, how many people will be trading in an 11 year old Escort for a new Civic Type R? The prices of bottom of the range small cars have risen.

I was considering trading in my 10 year old saab with a blown piston for a new Civic.

Trouble is in 6 months the Civic will only be worth £17k anyway so thats the scrappage money gone. (if buying a white GT)

Car Scrappage Scheme

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