Scrappage scheme MK2

[Sparkzz]

A proposal for another scrappage scheme due to COVID-19.

[url=url] https://www.theguardian.com/business/2020/jun/03/u...
[/url]

[Triumph Man]

Thought this might be floated as an idea... we lost so many modern classics (and classic classics) last time.

[Kawasicki]

Surely the scheme should favour electric vehicles, in line with the UK’s position as international leader of all things green.

[Evercross]

The motor manufacturing lobby is still a powerful one but in this case I'd be telling them to sling their hooks. The industry needs to take a bath and cut down on the overproduction it has been trying to hide for years with the cyclical churn of the rental schemes that pass for car purchasing these days.

As we've been saying for years in here - a truly environmentally friendly car is one that sees a long and useful life before being scrapped. This is proposing the exact opposite.

[amgmcqueen]

Triumph Man said:

Thought this might be floated as an idea... we lost so many modern classics (and classic classics) last time.

Did we....?

[Gecko1978]

The problem is it supports the car industry but at the same time takes money from the pot that might be needed to support thoes who have lost jobs.

Also if its just for hybrids its basically a subsidy for high earners who were about to buy an IPace or tesla etc

[grumbledoak]

Why should it be "fair to all types"? We should be disincentivizing diesels.

[Kawasicki]

grumbledoak said:

Why should it be "fair to all types"? We should be disincentivizing diesels.

Petrols you mean. CO2!

[Evercross]

Gecko1978 said:

The problem is it supports the car industry but at the same time takes money from the pot that might be needed to support those who have lost jobs.

Exactly that. Truth is it'll be used to shift overtsock rather than maintain employment. It is an opportunistic move by the industry and deserves to be pushed way down the queue.

[pequod]

If they think I'm scrapping my TVR for £2500 against a new EV ...

... fill in the rest at your discretion.

[Evercross]

grumbledoak said:

Why should it be "fair to all types"? We should be disincentivizing diesels.

Well done for absorbing the current political line.

[Jonesy23]

If people want a marketing scheme they can pay for it themselves.

[Evanivitch]

I'm not sure it would be nearly as effective second time round. Firstly, making it for hybrid and EV means it's a less significant discount on the price. And secondly, leasing is now such a common part at the top and bottom of the market that far fewer people have a £2.5k they own to be able to trade in.

Gecko1978 said:

Also if its just for hybrids its basically a subsidy for high earners who were about to buy an IPace or tesla etc

What would someone looking to buy a iPace or a Tesla be looking to trade in their car for £2.5? That's quite a change in fortunes.

[grumbledoak]

Kawasicki said:

Petrols you mean. CO2!

No thanks, if we are going to pay through tax to get old vehicles off the road we should get old diesel vehicles off the road first.

I'd scrap all subsidies to diesel buses too, but that's O/T.

[Gecko1978]

Evanivitch said:

What would someone looking to buy a iPace or a Tesla be looking to trade in their car for £2.5? That's quite a change in fortunes.

New car purchases favour higher earners especially EV and PHEV given they are more expensive. People often have more than one car an older one perhaps that meets the criteria and they have the means to then get a new EV. Really I was thinking of myself I have a 6 year old zafira its school run / ikea / tip car its council red and got 96k on it. Its value may well be 0. So £2.5k for it towards say a lease deal on a i3 or a Golf GTE might persuade me to change.

I just don't think its a justified subsidy given other current issues like huge job loses in hospitality industry etc

[CooperS]

Why are people only quoting ipace and Tesla.....

Maybe you'd go Toyota mild Hybrid or Hyundai or Kia.

Granted if you do drive a car worth less than 2.5k that's 5-10% on most new car prices today.

[menousername]

Can you not pick up some £100-week-left-on-the-MOT job, then trade it in for 2.5k??

[A Winner Is You]

menousername said:

Can you not pick up some £100-week-left-on-the-MOT job, then trade it in for 2.5k??

Last time around you had to have owned it for a certain period to stop people doing exactly that.

[Biker 1]

A Winner Is You said:

menousername said:

Can you not pick up some £100-week-left-on-the-MOT job, then trade it in for 2.5k??

Last time around you had to have owned it for a certain period to stop people doing exactly that.

Hmmmm.... Might be worth picking up an old banger right away. ....

[Evanivitch]

Gecko1978 said:

New car purchases favour higher earners especially EV and PHEV given they are more expensive. People often have more than one car an older one perhaps that meets the criteria and they have the means to then get a new EV. Really I was thinking of myself I have a 6 year old zafira its school run / ikea / tip car its council red and got 96k on it. Its value may well be 0. So £2.5k for it towards say a lease deal on a i3 or a Golf GTE might persuade me to change.

I just don't think its a justified subsidy given other current issues like huge job loses in hospitality industry etc

I'm still not convinced there are many people that are tempted by trading in their clunker for a £2.5 discount on a £35k car. Even an e-Up is £20k.

Back in the old system you would see people buying £8k Hyundai i20 and Fiestas. Even a Fiesta is £15k now.