It means that anyone already thinking of buying a new/nearly new car can buy an old banger for something less than £2k and get the £2k refund, thus pricing those of us looking for a 17 year old daughter's starter car out of the market. Grrrr!
^ and making more money in VAT for government....
and pepertuating the credit crisis, but as I work for a Big manufacturer I think it's great!
I was thinking there will be folks buying up old cars to use as trade in against new, thus driving the up price of any old banger to somewhere just
under the £2K mark.
Maybe a simplistic view... I mean just because there's a minimum £2K trade-in won't lure everyone to new cars.
And would it mean scrap yards will fill up with loads of donor cars but there's no chance of Locosters getting hold of one that's complete
and roadworthy?
Discuss...
broadening the view outside of donor availability...
now that the UK makes very few cars, surely this £2k is just throwing money away to other countries? which is fine... but theres not much been thrown
back at us 
Methinks that the car dealerships/manufacturers (of which we have none of the latter anyway) will simply adjust the price upwards to help their dire
profit margins.
However, any opportunity I get to dispose of my unaffordable 1993 Volvo 940 estate, rather than having it weighed in, is worth considering. Especially
since Stallin clearly wants to push fuel tax ever higher.
i dont know why the government want to keep the car manufacturers in business.
they keep saying cars are the route of all evil and that they cause all these accidents are killing the environment blah blah
if they dont help them they will go under and hey presto no more cars
locost builders would also become one of the biggest forums on the planet and the kit car industry would boom YAY.
im guessing they dont like that idea as there is too much money to lose from all the taxes they rob us for.
quote:But this way you just get to buy a new car that is over-priced compared to other European countries and kiss double your £2k goodbye the moment you drive it out of the show room in depreciation. At least it will be worth £2k when you come to trade in your what was a £12k car when it's 3 years old!
Originally posted by motorcycle_mayhem
Methinks that the car dealerships/manufacturers (of which we have none of the latter anyway) will simply adjust the price upwards to help their dire profit margins.
However, any opportunity I get to dispose of my unaffordable 1993 Volvo 940 estate, rather than having it weighed in, is worth considering. Especially since Stallin clearly wants to push fuel tax ever higher.
NOOOOOOOOO!!!
Just think of what this will do to the classic car market.
Probably half the classic cars out there are worth less than 2k (inc restoration jobbies) and all this scheme is going to do is encourage those people
to scrap them 
The dealers will be sheding the trade ins through the car auctions.
Its a discount scheme and while a few cars will be crushed or do the rounds ( apearing again and again) generaly it will mean more old donors for us
With the German scheme you have to be the registered owner of the car you are scrapping for a longish period [12 months I think], so buying a car to
get the discount isn't so straightforward.
They may do a similar thing here.