As the dust settles on Alistair Darling’s scrappage scheme, some realities are beginning to emerge. Firstly, a recent survey by an online car guide suggests that the expected punter stampede hasn’t quite materialised.
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The UK Government has announced its scrappage scheme. You get £2000 to scrap a car that’s 10-years-old or more, the £2k going towards a new car. I still can’t see much to commend the scheme. See here for the reasons why.
Would you buy a new car if the Government gave you £2000 to do it? In Germany that’s roughly what you get, provided you scrap one that’s over nine years old. It has meant sales of small cars over there are surging, despite the economic crash. So you won’t be surprised to learn that dealers […]
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