Saturday, 9 May 2009

Car scrappage scheme 'unpopular'

There is growing evidence that the government's forthcoming scheme to scrap hundreds of thousands of old cars is not that popular with motorists.
A new survey suggests most people who have studied the scrappage scheme have decided not to take advantage of it.
Researchers from car price guide Parker's questioned 600 people online.
It found that 70% of respondents said the scheme was not generous enough, and overall 81% said they would not be taking advantage of it.
'Massively disappointed'
The scrappage scheme starts on 18 May. If your car is at least 10 years old you can scrap it, in return for a substantial discount on a new car.
The government will provide a £1,000 subsidy for each car purchased, and manufacturers will provide at least a similar amount.
But Kieren Puffet, the editor of Parker's Guide, said many motorists have managed to find much larger discounts under existing deals.
"They're massively disappointed," he said. "They were hoping for a lot more from the government."
Julia Smith, who lives in Basingstoke in Hampshire, is one of those who initially thought the scheme would be useful, but has since decided against it. She was going to scrap her 13-year-old Volvo, and buy a new one instead.
With the scrappage scheme discounts, a brand new Volvo would have cost her in the region of £21,000. But she then found exactly the same model with less than 10,000 miles on the clock for £17,000. A saving of £4,000 proved irresistible.
full article

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