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Facts about the scrappage scheme

Green Cars News

As we continue our Budget 2009 coverage here at TheGreenCarWebsite.co.uk, we thought we’d break down the scrappage scheme into bite-size pieces showing you exactly how it works and who will qualify. Car manufacturers are NOT obliged to participate - their involvement is voluntary. -

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.

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How the Budget affects green car drivers

Green Cars News

According to his plans, vehicles that are aged over 10 years old and have been driven by motorists for more than 12 months will be worth £2,000 when traded in for a new car as part of the Government’s new scrappage scheme which takes much of its inspiration from a highly successful format in Germany.

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Will you save money if you buy a green car? The Green Piece

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. However, will green cars really save you money? The Green Piece. September 15, 2009.

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

Subsidies for low carbon cars are likely to be effective, because the evidence is that people tend to discount long run costs. Circulation and fuel taxes combined with ‘scrappage’ subsidies may be able to deliver this goal if combined with information and education. But there is a bigger picture.

Fuel Tax 150
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Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. million motorists tempted to cash in on the scheme, these consumers are set to lose a total of £12.5

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Out have gone the coffee before work each morning, the weekend nights out, and the rush to buy the hot new DVD releases; in has been a new, thrifty way of living. Part of the swing in culture has been a downturn in new car sales. Averting a slump.