The crusher awaits RX7\'s?

Started by syebba, April 23, 2009, 11:17:28 AM

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syebba

With the new £2000 scrappage allowance coming in shortly,many RX7\'s will be booking appointments with the crusher,bad news for spares in the future.
Why bother to sell a rex needing work on ebay for £500,when you could get £2000 for it ,if you want & can afford a new car?
Ta...

David Nock (RIP)

Same thought had crossed my mind. I\'ve seen no details as yet for the scheme but does the old car have to be a runner? If it\'s like Germany you have to have owned the old car for a year? Is that correct?
Hope everyone will do the decent thing and tell me when they\'re scrapping so I can transfer them from the \'Living\' part of my register to the \'Dead Pool\'. Selfish aren\'t I.
1985 1st Generation FB-Silver. UK Car-K Reg.
Departed this world on June 23rd 2019
http://mazdarotaryclub.com/forum/index.php?topic=84914.msg910901#msg910901
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syebba

I must admit ive thought of buying an old banger for £200,claiming the £2000 & upgrading my 2007 punto to a new one!!
I\'m sure theres some catches somewhere,it couldnt be as easy as that.
Hmmm,i\'ll look into it.
Ta....

Rzla

It has to be an environmentally friendly car... they suck at the moment and they cost sh!tloads for what you get which is basically nothing

syebba

I heard theres 2 schemes
£5000 towards an elec car
£2000 towards a new car which is cleaner than the car your scrapping?
Ta...

syebba

#5

Motorists to get £2,000 to scrap old cars under 2009 Budget

Motorists will be given £2,000 towards the cost of a new car if they scrap a 10-year old model, under plans announced by the Chancellor to revive the motoring industry.


 
By David Millward, Transport Editor
Last Updated: 9:35AM BST 23 Apr 2009

Car scrappage plans have proved highly successful elsewhere in Europe Photo: Heathcliff O\'Malley


The "scrappage" scheme, costing the Government £300 million, is intended not only to boost the ailing car industry, but to take some of the most environmentally unfriendly vehicles off the road.
It will start next month and run until March 2010 and follows the introduction of a similar scheme in Germany, which triggered a 40 per cent rise in car sales last month.
 
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Alistair Darling - who delivered his Budget yesterday - believes the scheme will result in at least 300,000 new cars being bought in Britain by the time the scheme finishes and will kick-start an industry which was bracing itself for its worst year for new registrations since the recession of the early 1990s.
Full details of the scheme, which will also apply to vans, will be announced by Lord Mandelson\'s Department of Business within the next few weeks.
It will entail the Government putting in £1,000 towards the cost of a new car, with the amount being matched by the car maker.
Somebody wanting to participate in the scheme would begin negotiations for a new car at the dealership by providing proof of the car\'s age and the fact that they have owned the vehicle for at least a year.
This would prevent somebody buying a very cheap car from a scrapyard and using it to claim the discount.
The car would also have to be inspected, either by the dealer of an official Authorised Treatment Facility. Once these formalities have been completed, a certificate would be presented which would enable the motorist to buy a new model.
Manufacturers participating in the scrappage scheme will be obliged to make their entire range of cars available, including their very cheapest models, often costing less than £6,000.
Privately some industry observers fear that dealers will use the scrappage scheme to withdraw discounts they would otherwise have offered to clinch a deal.
Nevertheless the car industry, which has suffered months of redundancies and production cutbacks, welcomed the Government\'s decision to adopt the scheme they have spent months campaigning for.
\'This will boost the new car market and get consumers to get back into car showrooms," said Paul Williams, chairman of the Retail Motor Industry Federation. "This will make further lay offs at car plants and dealerships much less likely".
It was also welcomed by Paul Everitt, chief executive of the Society of Motor Manufacturers and Traders. "This is good news for consumers and will get people back into showrooms, kick-starting demand in the market. The scheme recognises the economic value of the motor industry and we are determined to make it a success."
Edmund King, the AA\'s president, also hailed the introduction of the scheme. "A £2000 incentive from Government and manufacturers will help the economy, environment and employment. Cleaner, greener and safer cars will replace some of the older gross polluters," he said.
But the "green" credentials of the scheme were questioned by some of the Government\'s own environmental advisers, including Phillip Selwood, chief executive of the Energy Saving Trust.
"The government\'s announcement on scrappage contradicts the carbon friendly announcements in the budget such as money for electric vehicles, CO2 related Company Car tax and the increase in fuel duty," he said.
"This policy will increase car purchase regardless of CO2 emissions and the government has missed a significant opportunity by spending public money to incentivise any car upgrade when they could have incentivised the lowest carbon emission cars."

syebba

Ah!!
Sorry about that,moderator delete above post if u wish,i did\'nt realise it would take up that much room!:spank
 
You have to own an old banger for a year & the car must be 10 years or older.
Gov gives £1000
Manufacturer gives £1000
 
Scheme only runs until march 2010!not long.
 
Looks like you can purchase any new car with the £2000 allowance.
Ta...

Paul-Tll

On another note it would mean all 2nd hand cars are worth at least £2000.?
how many 1st gens go for less than that at the moment ?

just searching now for the cheapest New car (less 2K) :Hammer

Paul.
The- \'RED KNIGHT\'-sport

92 R1

nuki

if you scrapped the banger you had for a year then got the £2000 cash back from the dealers and the gouvernement to get a car.. could u buy the car and sell it £1000 cheaper on the market as brand new. then make urself a nice quick wage and buy another banger then wait till next year untill this scheme comes back in again if it works. lol :P

Paul-Tll

Had to read your post twice to get that ! you have criminal mind!
could be a way for dealers to do that en-mass though and put cars out cheaper or hide profits?

TaTa Nano cheapest car at £1300 pounds would you get cash back
\'nuki\' keep this quiet were gonner be rich !!!!

Paul.
The- \'RED KNIGHT\'-sport

92 R1

nuki

^_^ in this world your either rich or poor. if your not your working to survive and i dont like doing that lol :P

syebba

Haha,
Everyone working out how they can benefit from this inc me!
All 2nd hand cars over 10 years old are entitled to the £2000 allowance,providing the owner has had it for a year.
New vehicles purchased do not have to have low c02 emissions,you could if you wanted & could afford,trade in your banger & get say £2000 off an RX8!!!!
Only a few 1st gens go for over £2000 subject to condition etc,i would guess 70% of 1st gens in this recession would sell for far less than that,making them vulnerable to the crusher.

BlitzBoy

Seriously guys if you owned a sub £2000 car it means the reason you own it is because you cant afford a brand spanking new car, say the average Eurobox cost you £12K leaving you still with 10k to find you still would keep your old car as you cash strapped at the moment.

Germans have more desposiable income then us.
In fact I can see used sub 2k car being around for a lot longer in times of recession. As people just want a cheap round around.

And if you have a classic like a 1st Gen I can see the prices of these rising.

A ....box of a Fiesta etc etc owned by an old man being traded in for brand new fiesta is the more likely sceanario for this scheme
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syebba

Yep,
I think Blitzboy is right,it\'s probably only of any benefit if you have an old hatchback & could afford to buy a cheap new hatchback.
The schemes been popular in Germany & france with all new car sales benefitting.
You can get cheap new hatches from approx £6k,so if you trade in your old banger,it\'ll only cost you £4k for the new car!
Ta...

nuki

at the end of they day. its a ROB. its a SCAM. because if it wasnt benificial to the seller or the gouvernment it wouldnt be done. its just putting more people in debt which has made this country like it is lol. Debt is the inn thing now ive heard lol ^_^ so its a viscious circle which will end up nowhere.