Chancellor Announces Scrapping Incentive

[RichardA]

As part of the 2009 Budget, the Chancellor Alistair Darling has announced a plan to offer motorists of older cars a financial incentive for scrapping their car and replacing it with a brand new one. Small, green cars like the Jazz with prices starting from under £10,000 are set to be the key beneficiaries. And with production of the Jazz due to start here in the UK later this year, the UK economy would directly benefit.

Motorists who trade-in a car of at least 10 years old for scrap will get a discount off a brand new car of up to £2000, with half coming from the government and the other half from the motor industry. A similar scheme is operated in Germany where car sales increased by 40%.

The scheme starts next month (May) and will run until March 2010. To qualify, your car must have been registered on or before the 31st July 1999 (up to T reg) and you must have been the registered keeper for at least 12 months.

[RichardA]

Latest info:

The rules of the vehicle discount scheme

The vehicle you trade in and the new vehicle you want to buy must meet certain conditions for you to be able to get the discount.

Your vehicle

The vehicle you are trading in must:

    * be a car or small van weighing up to 3,500 kilograms (kg)
    * be first registered in the United Kingdom (UK) on or before 31 August 1999
    * be registered with the Driver and Vehicle Licensing Agency (DVLA) in your name
    * have been registered to you continuously for 12 calendar months before the order date of the new vehicle
    * have a UK address on the registration certificate (V5C)
    * have a current MOT test certificate before date of order for the new vehicle

The new vehicle

The new vehicle you want to buy must be:

    * a car or small van weighing up to 3,500 kg
    * first registered in the UK on or after mid May 2009
    * declared new at first registration in the UK with no former keepers

http://www.direct.gov.uk/en/Motoring/BuyingAndSellingAVehicle/AdviceOnBuyingAndSellingAVehicle/DG_177693?CID=Budget_2009&type=sponsoredsearch

[RichardA]

It appears Honda has resolved its differences over the scheme and is now participating after all.

[guest221]

That's all very well if people can get the finance or have £5k+ stashed away. Unless they buy a Perodua (sp?).

[RichardA]

Word is someone has traded an old Mondeo for scrap against a brand new Nissan GT-R (£55,000). 

[RichardA]

Anyone here buying/bought a new Jazz under this scheme? What did you trade-in?

And for any dealers here, what's the most unusual trade-in you've taken under the scrapage scheme? Can anyone beat trading-in a Bond Bug for a new Kia? 

[guest238]

Anyone here buying/bought a new Jazz under this scheme? What did you trade-in?

And for any dealers here, what's the most unusual trade-in you've taken under the scrapage scheme? Can anyone beat trading-in a Bond Bug for a new Kia?  

Bond Bug....no loss there. Worth diddy squat.

[RichardA]

From Honda UK Media Resource:

Scrappage Scheme summary
The most popular car under the Scrappage Scheme has been Jazz, which has proven to be hugely successful in attracting new customers to the Honda brand.  Hailed for its reliability, practicality and frugality, over 6,600 units of the British-built and much-loved supermini have been sold via the Scrappage Scheme so far; and 86 per cent of these customers are conquests.

Civic sales have also been boosted by the Scrappage Scheme. Over 2,000 Civics have been ordered, with 80 per cent of customers new to Honda.

We’ve also seen some interesting – and peculiar – exchanges of cars, including a Jaguar Sovereign for an Insight hybrid, and a Porsche 944 for a Jazz.

Other peculiar scraps
Land Rover Defender - S2000
BMW 730 - Jazz 1.4 ES
Lexus LS400 - Insight
Alfa Romeo GTV - CR-V EX
Range Rover - Insight
Vauxhall Cavalier - S2000
Ford Fiesta - S2000
Honda CRX - Civic Hybrid
Peugeot 106 - Accord Type S saloon

Tragic losing a CRX to a Civic Hybrid! 

[RichardA]

Now that he scappage scheme has ended how many here bought a new Jazz under this scheme and what did you trade in?

[JOCK55]

Hi Richard,

I purchased a 1.4 EX Manual under the scrappage scheme, in July 2009. I traded in a 1993 Renaul Clio 1.2 Prima with 32,000 genuine miles on the clock. The car was in immaculate condition having lived most of its life in a garage! However, due to it's age, it was worth virtually nothing so was delighted to receive the £2,000 from the scrappage scheme.

This is my first Honda, and we are pleased with the vehicle. The only disappointment is with the holding of the hand brake. The old Clio had rear drums and used to hold the car without problem on our quite steeply sloping driveway. The Honda discs cannot hold the vehicle at all on this surface, even pulling the leaver to its absolute maximum extent. If I park on the driveway I have to leave the car in gear and put a large building block under the front wheel for security.

Other than that, a very pleasant little vehicle to own.

 

[nowster]

Tip: Release handbrake fully, then push down hard on brake pedal whilst applying handbrake. You should find the handbrake then engages more tightly.

[JOCK55]

Thanks for the tip nowster, I'll give it a try.