Let West End Vauxhall Guide You
£2000 Scrappage Allowance available on vehicles over ten years old.
Latest figures show that more than three quarters of the budget for the Government’s scrappage scheme has been used up. Funding for less than 82,000 new vehicles orders is left for consumers to take advantage of under the scheme, as it nears its end
Lord Mandelson, Business Secretary said:
“I’m pleased to see that the scheme has been taken up by so many people, supporting our automotive manufacturers through a very difficult time. With limited orders as we near the close of scrappage there is a risk of disappointment for car buyers. I would urge people who are still keen on taking part to put their orders in as soon as possible as time is running out.
Van orders under the scheme have also seen a boost, following the changes made to the scheme in September, with vans registered before February 2002 now eligible. Since these changes came into effect half of all vans scrapped through the scheme were less than ten years old and there have been reports of van fleet owners upgrading their entire stock.
The UK scheme, with £400m from Government and matched funding from manufacturers, is intended to provide immediate support on a short-term basis to boost the car industry and its supply chain during the downturn. It has also removed older vehicles from the road and encouraged consumers to invest in new, safer, and potentially more environmentally friendly models.
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