Tuesday 5th May 2009
Scrappage Scheme Misses 'In Demand' Cars
Small print could block cars with three month waiting lists
Focus RS scrappage eligibility in doubt
New car buyers looking to cash in on the £2k scrappage scheme incentive could be scuppered by small print that excludes cars with a delivery time of more than three months.
Special order cars like the new Ford Focus RS could be excluded from the scrappage scheme as the delivery time exceeds the three-month limit due to its high demand. Other models may also be affected due to the surge in demand for more popular cars that will delay the production of special order vehicles.
At present BMW, Citroen, Ford, Hyundai, Kia, Mercedes, Mini, Nissan, Renault, Ssangyong, Toyota, Volkswagen and Volvo have all signed up to the scheme in which all cars in the range are subject to a £2k discount when trading in a vehicle that is at least ten years old. Half of the money is put up by the manufacturer and the remaining £1k is funded by the government.
Some dealerships are already reporting a huge upturn in business, registering hundreds of interested parties looking to exploit the discounts on offer. Hyundai claims the scrappage scheme proposal has increased interest in its cars by 400 per cent.
Representatives from the Retail Motor Industry Federation will meet with government officials tomorrow to discuss the finer details. The scheme is due to come into effect later this month.
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Gridl0k
Original Poster
1,057 posts
52 months
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"SCRAPPAGE SCHEME MISSES 'IN DEMAND' CARS"
Umm, isn't that the point? Boosting demand where there isn't any already?
Suggest you look up "incremental"?
RAIN WET!
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Altrezia
6,826 posts
80 months
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Gridl0k said: Umm, isn't that the point? Boosting demand where there isn't any already? 
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asbo
23,743 posts
83 months
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I thought that was the point anyway?
No such thing as a free lunch etc.
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Supertoadylight
278 posts
65 months
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"Hyundai claims the scrappage scheme proposal has increased interest in its cars by 400 per cent." WOW.....they've got 4 people - not 1 interested in the UK now then! 
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Weso
148 posts
73 months
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I work in the trade, and got told today that a group in my town have done 40 scrappage deals over the bank holiday weekend.
Nearly all these deals are for 5k worth of new Suzuki or Kia.
Everybody selling 2-3 year old Kias etc. for 2750 is now worried, as people can get a new one for 3k plus their banger.
This scheme really does suck.
Wes
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VXED
301 posts
52 months
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Supertoadylight said: "Hyundai claims the scrappage scheme proposal has increased interest in its cars by 400 per cent." WOW.....they've got 4 people - not 1 interested in the UK now then! Pedant mode on - actually a 400 per cent increase from one would be 5 
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jaik
1,834 posts
82 months
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Supertoadylight said: "Hyundai claims the scrappage scheme proposal has increased interest in its cars by 400 per cent." WOW.....they've got 4 people - not 1 interested in the UK now then! Better than that, it's a 400% increase, so that's 5 people in total! Edit: Blast, beaten to it!
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dave_Sw1
123 posts
87 months
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presumably there is some clause to prevent you going and buying a £50 s  t heap to trade in for £2k off a car?
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Alex
6,247 posts
153 months
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As if trading in an old banger for a Focus RS will help the environment! The whole idea is completely hat-stand.
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angus54
344 posts
67 months
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The number of cars with a 3 month waiting time are in the main accounting for 0.00001% of new cars sold.
They also tend to be priced £20k +
Now call me stupid but this should not be an issue to anyone driving a £2k 'scrapper'.
The best deals on cars tend to be had at car supermarkets anyway where pre-reg and nearly new are selling with, on average, bigger discounts than £2k being offered for scrapping.
This article on PH is an complete non issue.
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Nickellarse
517 posts
58 months
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Weso said: I work in the trade, and got told today that a group in my town have done 40 scrappage deals over the bank holiday weekend.
Nearly all these deals are for 5k worth of new Suzuki or Kia.
Everybody selling 2-3 year old Kias etc. for 2750 is now worried, as people can get a new one for 3k plus their banger.
This scheme really does suck.
Wes Sadly this is, IMO, the whole point of the scheme. Smaller cheap cars for new rather than larger cars where you can knock off more than £2K in any case or buy 6 months old much cheaper. It's a very targetted market. I fear many second hand traders may well feel even more of a pinch over the coming few months on these sorts of deals.
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Nolar Dog
8,786 posts
64 months
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dave_Sw1 said: presumably there is some clause to prevent you going and buying a £50 s t heap to trade in for £2k off a car? Yes. The "scrap" car has to have been registered in your name for a period of 12 months prior to "scrapping". The scheme expires (as things stand) in eleven and a half months, unless the "pot" runs out first.
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Tony*T3
7,374 posts
116 months
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Utterly Pointless Story.
Waste of space on PH. Dont you have editors on this site?
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Tracked_Out
40 posts
65 months
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"Special order cars like the new Ford Focus RS could be excluded from the scrappage scheme as the delivery time exceeds the three-month limit due to its high demand."
Absolute tosh - as people have said already, it's incredibly unlikely that anyone running around in a 10+ year old banger will be buying a Focus RS.
Come on PH journos - you can do better than this...
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Steve Gunnis
741 posts
76 months
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Nolar Dog said: dave_Sw1 said: presumably there is some clause to prevent you going and buying a £50 s t heap to trade in for £2k off a car? Yes. The "scrap" car has to have been registered in your name for a period of 12 months prior to "scrapping". The scheme expires (as things stand) in eleven and a half months, unless the "pot" runs out first. So, I couldn't buy a turd, leave it on the side of the road for a year and then take advantage of this scheme? This will only run for 11 and a half more months?
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Whitney-Paine
230 posts
64 months
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I was going to get a Focus RS partly by scrapping my old Volvo 740.
Well as the article eludes, that idea has turned top dust. Just scrapped the Volvo anyway and will see how the RS market is in Jan 2010 which is when I wanted the RS. History says these things will settle down and may be able to get a better deal with no scrappage anyway.
SB
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pompey_monkey
35 posts
58 months
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Shouldn't the scrappage scheme be applied only to more economical cars anyway? In Italy you get 2,000 Euros discount on most cars, but 5,000 Euros off a car if it emits less than 100g/km (or something along those lines...) surely trading in a 'dirty old' car for a shiny new economical model is a big part of the point of all this?
Also, I'm still the registered keeper of a 1997 Saxo 1.0 that's been handed down my family. At the last emissions test it was emitting 142g/km of CO2 - lower than most new cars. So, I might test the PH article's theory and try to trade it in for a Focus RS (225 g/km) just to make a mockery of our government's backward policies!
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Gridl0k
Original Poster
1,057 posts
52 months
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Steve Gunnis said: So, I couldn't buy a turd, leave it on the side of the road for a year and then take advantage of this scheme? This will only run for 11 and a half more months? Well, you couldn't keep it on the side of the road without taxing and insuring it, so you'd need space on private land. But yes the scheme expires in Mar 2010.
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FlossyThePig
2,414 posts
112 months
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Steve Gunnis said: Nolar Dog said: dave_Sw1 said: presumably there is some clause to prevent you going and buying a £50 s t heap to trade in for £2k off a car? Yes. The "scrap" car has to have been registered in your name for a period of 12 months prior to "scrapping". The scheme expires (as things stand) in eleven and a half months, unless the "pot" runs out first. So, I couldn't buy a turd, leave it on the side of the road for a year and then take advantage of this scheme? This will only run for 11 and a half more months? The trade in must have a current MOT as well! Can someone show me the small print about exclusions, I had read that once a manufacturer signed up for the scheme all their models had to be included.
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dandarez
4,474 posts
152 months
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How about my new Scrappage scheme?
SCRAP THIS GOVERNMENT!!!!!!!!!!!!!!
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