Boris considers £6k in scrappage scheme
Discussion
Can't find a thread on this, what do we think? It's all over the news today.
https://www.telegraph.co.uk/news/2020/06/07/boris-...
https://www.thisismoney.co.uk/money/cars/article-8...
Etc. etc.
https://www.telegraph.co.uk/news/2020/06/07/boris-...
https://www.thisismoney.co.uk/money/cars/article-8...
Etc. etc.
Sambucket said:
Means all EVs bought in last few months will take a depreciation hit?
Is this including the grant? So potential Sr+ costing 35k?
I've seen people trying to stop their current orders of EVs based on this today too. Boris needs to make this decisions pretty sharpish or it will stop sales!Is this including the grant? So potential Sr+ costing 35k?
Sambucket said:
Means all EVs bought in last few months will take a depreciation hit?
Is this including the grant? So potential Sr+ costing 35k?
not really, you got to have an old banger you have owned for some time to get the extra moneyIs this including the grant? So potential Sr+ costing 35k?
if your car trades at 2k+ your no better off, if you have no px nothing will change
The Telegraph link says: "diesel and petrol car scrappage scheme", not just diesel.
If it happens we'd probably take advantage of it. The Skoda is worth about £1k at most and we've been considering getting an EV for a while. IF MG are still offering the discounts they were before that'd bring a ZS EV down to about £15k!
If it happens we'd probably take advantage of it. The Skoda is worth about £1k at most and we've been considering getting an EV for a while. IF MG are still offering the discounts they were before that'd bring a ZS EV down to about £15k!
Edited by kambites on Monday 8th June 15:25
kambites said:
Or how about a Twizy for £5k? 
if im honest i have always wanted to drive one of themi wish telsa would make a smaller single seat cabined car with all the perfomance bits on it, i dont need 4 seats for commuting and a smaller lighter faster EV could be a lot of fun
more along these lines than twizzy
It's a good question. I think it's an oddity of the British government and its obsession with financial services that all they seem to see is how much money is moving around; where it's moving from and to is at best of secondary concern.
Mind you, can you imagine the outcry from manufacturers who build ICE cars in the UK but their EVs elsewhere if the government announced they were only going to subsidise UK built EVs.
Mind you, can you imagine the outcry from manufacturers who build ICE cars in the UK but their EVs elsewhere if the government announced they were only going to subsidise UK built EVs.
Edited by kambites on Monday 8th June 19:04
I’d be tempted to hand over my motor for a £6k contribution if the sensible half of my brain wasn’t telling me that the economy is going down the plug hole in the next few months.
Not sure going from zero monthlies into a PCP deal for four / fine hundred over a defined period makes good sense until I’ve scoped out how secure the job will be.
Can’t imagine I’m the only one slightly hesitant right now.
Not sure going from zero monthlies into a PCP deal for four / fine hundred over a defined period makes good sense until I’ve scoped out how secure the job will be.
Can’t imagine I’m the only one slightly hesitant right now.
I have an EV on order (Mini), so I looked up the criteria from the government's 2009 scheme in case this indicated I could get a £6k discount for buying an old banger to trade in!
In the old scheme, you had to have owned a 10+ year old vehicle for over 12 months.
I'd obviously look into things if any new scheme had looser criteria, but for now there can't be that many EV orders that will be cancelled if the next scheme has similar restrictions.
In the old scheme, you had to have owned a 10+ year old vehicle for over 12 months.
I'd obviously look into things if any new scheme had looser criteria, but for now there can't be that many EV orders that will be cancelled if the next scheme has similar restrictions.
I wonder if I could chop my Prius in. It’s 10 years old. Though suspect I’d get about 6k for it anyway, depending. It’s a little rough round the edges though, so maybe a guaranteed 6 is the way to go.
Dunno what I’d get though! Think I’d go for the ID3, but they’ve not seen the light of day really yet.
Then again there’s a high chance a lot of us will find ourselves jobless in 6 months so maybe it’s not the best of ideas!
Dunno what I’d get though! Think I’d go for the ID3, but they’ve not seen the light of day really yet.
Then again there’s a high chance a lot of us will find ourselves jobless in 6 months so maybe it’s not the best of ideas!
jonobigblind said:
Can’t imagine I’m the only one slightly hesitant right now.
Well no but they don't want everyone to do it anyway; there wouldn't be enough EVs and it would cost the government an absolute fortune! The idea is to give the car industry a slight boost and push people down the EV route while they're at it, not to fund everyone in the country to get a new car. 
So, £6k for my old car in this "new scrappage scheme".
Right, so I will still need to find £20k+ towards a Electric/cleaner car in it's place, where is that money coming from?
They are so out of touch with "normal" people, untill I can swap for free, I'm happy with my current ICE cars for now and for a long time yet, cheers.
Right, so I will still need to find £20k+ towards a Electric/cleaner car in it's place, where is that money coming from?
They are so out of touch with "normal" people, untill I can swap for free, I'm happy with my current ICE cars for now and for a long time yet, cheers.
Gassing Station | EV and Alternative Fuels | Top of Page | What's New | My Stuff