The Governments vehicle scrappage scheme, which comes into play from 18 May until 28 February 2010 (or when the ?300m funding for it runs out), has been a major talking point over the past few weeks, with opinion divided about whether it?s actually any good. The basic premise is that if you trade in a car or van that?s more than 10 years old (registered on or before 31 August 1999), and you?ve owned that vehicle for 12 months or more, the Government will put forward ?1,000 which will be matched by the manufacturer you?re purchasing a new car from. This means youll get ?2,000 off your new set of wheels, and some manufacturers have even thrown in some extra cash incentives towards certain cars if you sign up to the scheme. Sounds great, doesnt it? Sadly though, not everyone agrees. Car price guide Parkers discovered that 81% of the people they polled would not be taking part in the scheme, while price comparison website uSwitch has suggested that the incentive will be lost after 88 days due to depreciation. But the scheme also has its advocates, with The Society of Motor Manufacturers and Traders believing it will raise the volume of car sales in the UK ? which, as we all know, has been on a downward spiral since the start of the year. Despite the mixed response to the new scheme, there are some real bargains to be found, so for those of you who are interested in participating in the car scrappage scheme but dont want to compromise on quality, visit the site above
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