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Scrappage Scam Extended

Discussion in 'Motors' started by [TW]Fox, 28 Sep 2009.

  1. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 156,658

    To the joy of middle class people everywhere, who can continue to trade in third cars for brand new cars (Because lets face it, skint people who run a banger because its all they can afford cannot afford a new car even with scrappage), the scrappage scam has been extended. Your tax money can continue to save people who fancy a brand new Korean car money! Excellent news.


    http://news.bbc.co.uk/1/hi/uk_politics/8278679.stm

    Also good to hear is that you can now scrap cars made in 2000 under the scheme so if you are sick of that banger of a Ferrari 360 or your V plate Toyota Celica, perhaps that shonky old Honda S2000, you to can force it to be scrapped.


    Did anyone see this weeks Autocar? 2 page spread on the cars being scrapped under scrappage. They included:

    Mint condition 1997 Mercedes E320 with 80k miles
    Mercedes CLK320
    Mk4 Golf
    20k mile Honda Civic ESi
    18k mile Rover 800 on a T plate - the last made.

    Numerous other mint perfectly serviceable cars.

    Sigh.

    Hyundai will be happy.
     
    Last edited: 28 Sep 2009
  2. Muffin`

    Caporegime

    Joined: 21 Apr 2004

    Posts: 33,148

    Location: Bristol

    It's the 1930's all over again. It's false and unsustainable - there are only so many stupid people to use the scrappage scheme. That brick walls still coming.
     
  3. jamoor

    Sgarrista

    Joined: 22 Jun 2005

    Posts: 8,821

    Location: Nottinghamshire

    TBH if someone walked into a Dealership and tried to scrap a 6k S2000, the dealer would probbably just give them 2k out their own pocket and sell the S2000 surely?

    This scheme is self funding anyway, how much VAT is there on a 7k car?
     
  4. mattyprice4004

    Soldato

    Joined: 24 Apr 2007

    Posts: 7,314

    Location: Southport

    This thread makes me sad :(
     
  5. Booner!

    Sgarrista

    Joined: 29 Sep 2005

    Posts: 9,129

    Surely this is driving the price of used cars up...therefore making it more expensive for first time drivers?

    *shakes head in disbelief*
     
  6. Janesy B

    Caporegime

    Joined: 19 Apr 2008

    Posts: 25,516

    Makes me sad

    [​IMG]

    It's doing exactly that, before the scheme I'd be lucky to get £800 for my Fiesta, now I am seeing similar cars to mine go for upwards of £1,000.
     
  7. Booner!

    Sgarrista

    Joined: 29 Sep 2005

    Posts: 9,129

    A friend of mine (female) just came out of uni, got a job (entry level lab work) and her parents encouraged her to scrap her fiesta (nothing wrong with it) and buy a Iyo or Ayo (crummy little box on wheels) as it was a newer car and free on road tax.

    I don't know how much debt she is in, but I did slap my forehead in disbelief.
     
  8. mattyprice4004

    Soldato

    Joined: 24 Apr 2007

    Posts: 7,314

    Location: Southport

    It's not as if a 1999 1.25 Zetec Fez is going to be a rainforest killer compared to a new car anyway... how did this even get through the initial stages of planning?!
     
  9. Alibaba99

    Wise Guy

    Joined: 29 Jun 2004

    Posts: 2,371

    What is also worrying is that Haymarket are fully behind the scheme and of the opinion that British taxpayers money going towards the foreign car manufacturers is better than doing nothing at all.
     
  10. Janesy B

    Caporegime

    Joined: 19 Apr 2008

    Posts: 25,516

    £7000 of debt to save £120 a year on tax, that makes sense to me. It'll only take 58 years to get the savings back on tax :D
     
  11. OllyM

    Soldato

    Joined: 16 Aug 2004

    Posts: 6,210

    Location: New Jersey, USA

    Worst of all, this scheme is just producing an artificial spike in demand. The instant it ends car sales will fall through the floor again and we're back to square one.
     
  12. Hxc

    Capodecina

    Joined: 29 Oct 2004

    Posts: 12,486

    Location: London

    Seeing some of the classics fall to this is just attrocious.

    Mint Mini Sportspack with no rust. Okay not that rare but worth so much more
    TVR S series. A rare car that just should NOT have been scrapped.
     
  13. mattyprice4004

    Soldato

    Joined: 24 Apr 2007

    Posts: 7,314

    Location: Southport

    I should go and trade the Ti for an Aygo.

    I think I'll do it tomorrow to save the puppies and kittens, think of the trees!
     
  14. lambda

    PermaBanned

    Joined: 14 Aug 2009

    Posts: 443

    Location: Chelsea

    The more government creates false "recovery" the worse the market will be when the lifeline is removed.

    Same thing is happening with the general economy with quantatative easing. As soon as it stops, the house of cards falls again.

    Hardly any of this money pumped into thi scheme is going into our economy.
    The only reason the stupid government is doing it, is so every month they can broadcast that car sales are increasing, and they have saved us all, so we vote for them.

    Anyone actually know that the most powerful country in the european union has a new prime minister? The BBC has decided that it isn't important enough, and is concentrating on increasing house price instead. This country is a ****ing joke.
     
  15. Skeeter

    Caporegime

    Joined: 8 Mar 2007

    Posts: 37,147

    Location: Surrey

    Its simple economics for simple people. If they own a car worth less than £2000 they can trade it in for £2000.

    And lets be honest, people who buy brand new euro boxes buy them beceause they are 'a car'. So the fact you consider something they have to be quite nice, to them its nothing more than 'a car', and they can get more than its value to buy another 'a car'.

    And seen as your never going to be one of those people who trade in your 10 year old mint condition BMW for a brand new Fiesta, just be thankfull that this scheme atleast means your local BMW dealer is still in business to provide you with your annual services.
     
  16. Duke

    Man of Honour

    Joined: 29 Jun 2003

    Posts: 33,593

    Location: Wiltshire

    Whilst cleaning my car at the weekend, my (nosey) neighbour came over and asked when I was going to scrap in the car for a new one.

    It was hard to keep a straight face.
     
  17. Janesy B

    Caporegime

    Joined: 19 Apr 2008

    Posts: 25,516

    You can't really blame the government for poor media coverage of something.
     
  18. Booner!

    Sgarrista

    Joined: 29 Sep 2005

    Posts: 9,129

    Agreed, unsustainable :(
     
  19. Conscript

    Sgarrista

    Joined: 18 Oct 2004

    Posts: 9,696

    Location: Kent

    My 10 year old Focus is running faultlessly (apart from being in need of a replacement air-con condenser), returning an average of 40MPG and passed it's last emissions test with no problem. Guess I'd better help save the planet by binning a perfectly serviceable car and getting a brand new diesel.

    Oh, wait...
     
  20. mattyprice4004

    Soldato

    Joined: 24 Apr 2007

    Posts: 7,314

    Location: Southport

    THINK OF THE CHILDREN!!!! :eek: