Time running out for scrappage buyers - Auto Trader UK - News and Reviews Hub


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Time running out for scrappage buyers

Time running out for scrappage buyers - News image

14 September 2009

by Dominic Sacco, senior web journalist

Over 200,000 cars have been sold under the scrappage scheme since it began.

Buyers have ten weeks left to trade in their old car for a £2,000 discount - with 94,888 new cars remaining.

The Department for Business Innovation and Skills today posted the latest amount of new car orders, which stands at 205,112 up to September 6.

This brings the average weekly amount of cars scrapped under the scheme to 10,134, or 1,448 per day.

Have you scrapped your old car for a new one? Have your say on the Auto Trader Blog

If the rate of sales continues, the scrappage scheme will end on November 23 - three months earlier than the February 28 end date.

The government has rejected an extension of the scheme, according to the RMI National Franchised Dealers Association (NFDA).

Auto Trader calls for scrappage extension

Chairman of the NFDA Paul Williams said: "We are disappointed at Lord Mandelson's comments where he rejected the possibility of a meeting with the industry to discuss the issue.

"And continuation of the scheme should not cost the taxpayer anything, because the VAT earned on scrappage sales has made it a self-funded scheme."

View some of the cars scrapped so far:

The scrappage scheme began on May 18, 2009 and runs until February 28, 2010 - or until 300,000 new vehicles have been bought under the scheme.

Buyers of new cars are offered £1,000 from the government and £1,000 from a manufacturer for trading in a car over ten years old.

For more information read Auto Trader's complete scrappage guide.

View New Car Net's video review of the most popular new car of 2009, the Ford Fiesta:

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