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.
Tag Archives: subsidy
So the UK Government is to give up to £5000 to each buyer of an electric car or plug-in hybrid. How kind of them. Or rather how kind of us, who pay the taxes that are being given away like this. It’s great for getting news headlines, but will it have much real effect?
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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