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Articles about scrappage scheme (0-49 of 49)

  • Uk Scrap Page Scheme - The Impact On Used Cars In Northern Ireland
    By: Roger Thurston | - Among the industries hit severely by the global slowdown, the automotive industry is now making attempts to claw back to normalcy and is taking steps to revive demand.

    The last few months have been very bad for this industry given the fact that banks and financial institutions stopped lending and consumers put off any major purchases including that of cars due to fears of job layoffs.

    However with the UK Government introducing the Scrappage scheme a month back, the ...

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  • Who Has Benefited From The Scrappage Scheme?
    By: Lucy Penn | - It has been well documented that the Government-funded Scrappage Scheme has done wonders for the new car market, local car dealerships and the manufacturers. The low vehicle prices have enticed car buyers into purchasing a brand new car in return for their old banger.

    The Government injected a substantial amount of money into the automotive industry on the premise that the manufacturers must match it. The scheme turned out to be a great move and got the once stagnant industry mov ...

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  • The Current State Of The Used Car Industry
    By: Lucy Penn | - Look on used car websites and you begin to notice a trend. There is a shortage in the number of used cars on the market which has led to dramatic prices hikes. In fact, the price of a used car has increased by a colossal 30% over the past year. This change in the market has occurred because of the government-funded Scrappage Scheme.

    In an effort to kick-start the failing new car market the government decided to inject some much needed funds into this industry The Scrappage Schem ...

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  • The Used Car Market - The Good And The Bad
    By: Tony Hill | - At this current moment in time the automotive market is in a bit of a strange place. The Scrappage Scheme seems to have turned things on their head as it is now possible to get a brand new car for a lower price than a used car.

    The price of a used car has actually risen by 30% since last year as the Scrappage Scheme seems to have severely limited the amount of used cars on the market...meaning that demand has really outstripped supply.

    With used cars at their highe ...

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  • Profits Jazz Up The Local Honda Dealerships
    By: Anna Stenning | - The car market like the rest of the world has hit a slump in the current economic crisis, but like every story there is a silver lining to this cloud. Honda has decided to take the extraordinary decision at this time to move production of its Honda Jazz from Japan to the UK at the plant in Swindon, a decision which has boosted sales at some Honda dealerships in the UK.

    The decision was taken to move the plant to the Swindon branch, which will be a big boost to the UK economy and i ...

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  • Choices, Choices Down At Your Local Honda Dealers
    By: Anna Stenning | - It seems inevitable in life today that we are surrounded by choice. When you pop down to your local sandwich shop or supermarket you are constantly bombarded with a range of different fillings and options. If you visit a specialised sandwich shop like subway, then you have what seems like endless choices to make. Initially you have to choose the bread and size, then the filling, then the option of whether you want it toasted or not, before finally choosing a variety of salad fillings. Just when ...
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  • Audi, Bmw, Honda Dealers, Getting The Best Out Of Your Service
    By: Anna Stenning | - Cars - you will never make money on cars; they depreciate the moment that you drive them off the forecourt, and continue to depreciate with every mile you cover. They will bleed you dry and leave you frustrated but despite all of this the UK still has a love affair with the automobile.

    Although you will never get the same money for a car that you paid for it, there are a number of steps that you can take to ensure that you obtain the maximum value from your investment when you are ...

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  • The Best Of The Second Hand Market, Time For A Used Honda
    By: Anna Stenning | - The global economic recession is having an effect on all industries, including those in the motor trade. Many manufacturers have stock that is surplus to requirements and have taken advantage of the government's new scrappage scheme in order to offer the consumer a great deal on a new car.

    The cost of new cars is also having a detrimental effect on the used car market with prices dropping which is allowing people to snap up some real bargains. So, if you have the money now could ...

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  • Scrappage Scheme Breathes Life Into Uk Car Industry
    By: Christopher Reinhold | - The scrappage scheme has not only breathed new life into the ailing UK car industry, it's revived it beyond all expectations and is proving to be a real runaway success. Now, just three months into the government's new "cash for bangers" initiative - which allows new car buyers to trade in used cars 10 years old or over for up to 2,000 pounds - more than half the money earmarked for the plan has already been spent.

    The 300 pounds million subsidy scheme, which came into effect on M ...

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  • Scrappage Scheme Breaths Life Into Uk Car Industry
    By: Christopher Reinhold | - The scrappage scheme has not only breathed new life into the ailing UK car industry, it's revived it beyond all expectations and is proving to be a real runaway success. Now, just three months into the government's new "cash for bangers" initiative - which allows new car buyers to trade in used cars 10 years old or over for up to 2,000 pounds - more than half the money earmarked for the plan has already been spent.

    The 300 pounds million subsidy scheme, which came into effect on M ...

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  • Does Your Car Insurance Have A 'gap'?
    By: Tom Jones | - According to latest statistics the government's scrappage scheme continues to see sales of new cars steadily increase. Which of course means there are higher numbers of new cars on the roads. The pride of owning a new car certainly has something special about it, the new car smell and the sheer pride of knowing no one else has driven the car is for some, an exhilarating experience!

    However, even with the scrappage scheme incentives buying a brand new car, along with the discounts ...

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  • The Best Way To Find Value In The Car Industry: Buy A Used Bmw
    By: Thomas Pretty | - Many car manufacturers have been offering all kinds of incentives to entice buyers to a market that had slowed down considerably not thanks to the credit crunch, but even with many very good offers and discounts available on brand new cars, the best value still remains in the used car market.

    Many car makes and models will always be sought after, for example, a used BMW, Mercedes, MINI or Audi will generally depreciate much slower than many other models simply because resale of th ...

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  • Incentives And Internet Combine To Boost New Car Sales
    By: Jon Kirk | - Incentives and internet combine to boost new car sales

    The motor industry may have been one of the biggest casualties of the current economic crisis, but recent figures suggest that there may now be light at the end of the tunnel.

    New government initiatives to help protect the environment and stimulate new car sales, combined with the increasing popularity of car comparison websites are playing their part in helping the industry emerge from the recession.

    T ...

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  • There Is Considerably More Value In A Used Honda Than A New Car
    By: Thomas Pretty | - The slowdown in the UK economy and subsequent recession is obviously detrimental not only for Britain itself but also for British people, although it has one benefit: there has never been a better time to buy a used car.

    The Government Scrappage Scheme may be a very good incentive for someone who owns a 10 year old banger to trade in for 2,000 pounds off a brand new vehicle, yet the best value remains in purchasing from the used market.

    When buying second hand it is ...

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  • Mini Show Small Glimmer Of Light At End Of Recession Tunnel
    By: Thomas Pretty | - The recession has hit the UK hard with more than 3 million people currently unemployed yet there has recently been some good news for the British motor industry. News that BMW are to produce two new MINI models at their UK plant in Oxford has safeguarded many jobs at the factory for the foreseeable future and it has been reported that up to 1,000 new jobs could be created.

    This is a far cry from back in February when 850 MINI factory workers lost their jobs and the plant had to te ...

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  • So Why Exactly Is There A Shortage Of Used Honda's?
    By: Thomas Pretty | - The economic downturn has not only affected monetary values it has also distorted many markets - one in particular being the used car market.

    The Government Scrappage Scheme has certainly kick started the car industry in terms of new car sales but that has had an adverse effect upon the used car market for a number of reasons, with many brands effected - some more so than others.

    For example, in the UK there is currently a shortage of used Honda vehicles, largely du ...

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  • Why The Scrappage Scheme Isn't The Answer To Everything
    By: Tony Hill | - When the Scrappage Scheme was first announced everyone thought it was a fantastic idea. In many ways it was because many car dealers had been struggling so much during the world-wide recession. The aim was therefore to get motorists into car showrooms up and down the country - and in effect kick-start the automotive market once more.

    Figures from the first few months of the scheme have already suggested that the scheme has had the desired effect as new car sales for many manufact ...

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  • The Mito's Perfect Timing
    By: Tony Hill | - There's no real way of denying it - from motorways to town centres, shopping centre car parks and pertol station forecourts, it's clear that our cars our shrinking.

    Less car manufacturers are pumping out adverts for high-power, gut-busting performance cars and seem more interested in telling us, the potential buyer, how many miles we can get for a gallon of fuel in their latest little motor.

    Take Alfa Romeo, for example. Not usually one of the biggest contenders in ...

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  • Make Use Of The Scrappage Scheme Whilst It Is Here
    By: Todd Daono | - The government led Scrappage Scheme has been very successful and many people have already taken up the chance to save some money on new cars. The scheme was set out to help the ailing motor industry in the UK as well as helping out customers buy a new car.

    The government set up the scheme that encourages car owners to scrap cars that are ten years old or more, if you opt into the scheme then you receive ?2000 off a new car. The government set aside ?300 million for the scheme but du ...

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  • Has Scrappage Scheme Been Beneficial To Car Dealerships?
    By: Thomas Pretty | - Almost daily we hear news that the UK Government Scrappage Scheme has kick started the car sales market, and in some respects it has, but also there have been some detrimental effects.

    Firstly, car dealerships have to match the 1,000 pounds discount offered by the Government which means that they lose mark-up on each unit straight away, secondly as many people are scrapping their cars, this has had an adverse effect on the used car industry.
    With fewer cars circulating the ...

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  • Make Use Of The Scrappage Scheme Whilst It Is Here
    By: Lee Lazarus | - The government led Scrappage Scheme has been very successful and many people have already taken up the chance to save some money on new cars. The scheme was set out to help the ailing motor industry in the UK as well as helping out customers buy a new car.

    The government set up the scheme that encourages car owners to scrap cars that are ten years old or more, if you opt into the scheme then you receive 2000 off a new car. The government set aside 300 million for the scheme ...

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  • Changing Your Buying Habits Can Potentially Save You Money!
    By: Tom Jones | - According to recent research by a leading insurance comparison company British people have, on average, nine cars throughout their life and yet a high percentage remain with the same insurance company year after years even though they may be paying more than they need to on insurance premiums.

    The survey showed that 15% of drivers had remained with the same insurance company for at least five years even though they said they regularly changed their car.

    There are a ...

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  • Concerns Over The Effectiveness Of The Government's Scappage Scheme
    By: Tom Jones | - As the recession shows little sign of abating the governments scrappage scheme incentive appears to have had little effect on the car industry sales figures according to the Society Of Motor Manufactures and Traders, SMMT, as many manufacturers saw yet another dip in the new car sales figures across the UK.

    Whilst new cars sales dipped by over 24% in May, the there is still optimism among car dealers that things will soon begin to gather momentum and the scheme will be seen as a s ...

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  • Top 10 Tips Forbuying A Car On Finance
    By: Tom Jones | - As with any other type of major purchase buying a car needs careful consideration and all the best options researched before you make a final decision. The amount you pay for a new car will be dependant on a number of different factors.

    1. The make and models of cars vary considerably in price, with the luxury and executive models commanding the highest prices. Therefore it is imperative to be realistic and look for cars which are within your price range and budget.

    ...

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  • Three Tips For Saving Money On A New Toyota
    By: Tom Jones | - There are some great savings to be made if you do some researching and take full advantage of all that is being offered when buying a new Toyota.

    1.Trading old for new:
    Taking advantage of the government's new Scrappage scheme can potentially save you two thousand pounds. The government allocate one thousand pounds and a participating approved dealership will also give another one thousand pounds.

    The scheme does come with strict terms and conditions however, ...

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  • Tips To Finding The Best Renault New And Used Cars
    By: Tom Jones | - Renault is a French born automobile industry. Its selection of motor vehicles ranges from high quality family style cars to practically business minded vans, with signature models across the range of both family favourites and executive cars.

    The company is known for various revolutionary designs, security technologies as well as Formula 1 motor racing and world leaders in touring cars competitions.

    The original fashionable Renault motor vehicles to attain continued ...

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  • Hyundai Strives Hard To Maintain Lead
    By: carazoo.com | - The breathtaking pace of new car launches has virtually pushed the beautiful Hyundai i10 out of sight. Maruti Suzuki Ritz launch almost complimented the Korean car manufacturer on it achievement. It made the made car manufacturer Hyundai Motors stand up and take notice of the newcomer.

    Hyundai i10 has drawn praise from all corners of the automotive industry, including its rival Maruti Suzuki. Last year, Hyundai sold 1.04 lakh units sold of which only 40 percent were generated in ...

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  • Hyundai Has Its Work Cut Out For 2009
    By: carazoo.com | - Lately, a slew of launches has pushed the second biggest car manufacturer Hyundai Motors slightly into their shadows. It perceives the biggest threat from the top leader in passenger car market-Hyundai Motors India. The launch of the Maruti Suzuki Ritz was almost like a compliment to the Korean car manufacturer. Ritz had features to compete against Hyundai i20, Getz Prime and Skodas Fabia and the price of Hyundai10. It sure made >Hyundai Motors
    stand up and take notice of the n ...

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  • Save Money By Driving 'green'
    By: Tom Jones | - There's more to being 'green' and reducing your carbon footprint than buying a new fuel efficient car. Whether you have an old banger or the very latest hybrid cars the way you look after your car and the way you drive can have a marked affect on the amount of fuel you burn.

    The government's scrappage scheme is seen to be one of the most effective ways of getting rid of older cars which do more harm to the planet than their newer versions.

    However, although this sch ...

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  • Peugeot Dealerships Embrace Government Scrappage Scheme
    By: Anna Stenning | - The Government have been in the news for all the wrong reasons of late, but let us just ignore the ludicrous moat expense claims or fraudulent council tax claims, let us look at one of the few positive moves made by 10 Downing Street recently.

    And that is of course the Government scrappage scheme. Many car salesmen are obviously not entirely thrilled that they are having to pass over a proportion of their commission due to the 2,000 pounds scrappage incentive, but since the scheme ...

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  • Slow Depreciating Mini Remains The Prudent Choice
    By: Thomas Pretty | - The current economic climate has affected the car industry as much as any other, mainly because even those who can still afford to buy a brand new car are refraining from doing so at the moment simply as they don't want to take the financial hit in terms of depreciation.

    But for those that are in the position to be able to afford to purchase a brand new car but still wanting to be prudent in terms of their expenditure, the Mini remains the least depreciating car available.
    ...

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  • Used Car Prices Continue To Increase
    By: Thomas Pretty | - The Government scrappage scheme was introduced to kick start the car sales industries after months of falling sales figures and while the scheme has so far been heralded a success after generating more than 40,000 sales during its first month, yet that has had a considerable knock on effect on the used car sales market, with some models actually appreciating in value rather than depreciating.

    Many used car dealers are having to buy in vehicles at a much higher price than last year ...

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  • Honda To Reap Benefits Of Temporary Factory Closure
    By: Thomas Pretty | - News that production staff at Honda's Swindon factory plant have returned to work after a four month closure again highlights the current recession that the UK is experiencing, but as some will perceive the closure as a negative move, in reality it has been more the opposite.

    Rather than lay off a large section of their factory workforce, Honda chose to close the factory in order to save costs. A total of 1,300 workers took voluntary redundant with 3,400 employees staying on, acce ...

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  • Will The Government Scrappage Scheme Help Or Hinder Car Dealerships?
    By: Thomas Pretty | - Ever since the Government scrappage scheme was announced by Chancellor of the Exchequer, Alastair Darling at the 2009 Budget, opinions have been divided as to whether the scheme will be of benefit to car dealerships.

    Many in the industry feel that the Government have both missed a trick and also penalised many car dealerships, both of new and used cars. There is a large school of thought that believe that the Government should only have implemented the scrappage scheme - whereby a ...

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  • New Lexus Hybrids Aim To Improve Sales
    By: Thomas Pretty | - Many of the world's largest car manufacturers have experienced sales slumps since the global economic decline, yet some remain more optimistic than others.

    Japanese giants Lexus are currently experiencing their worst sales period in their 20 year history, yet they aim to combat this slump by selling 25,000 new Lexus hybrid vehicles a year in the US alone as they really do believe in their product.

    They have it all to do though as due to the rapid decrease in US gaso ...

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  • Cheat Depreciation By Buying A Used Bmw
    By: Thomas Pretty | - The car sales industry has obviously been affected by the economic downturn and dealerships have had to introduce more discounts than normal in an attempt to boost sales, whilst the Government have introduced the scrappage scheme whereby a car that is 10 years old or more can be scrapped in return for a 2,000 pound discount off a brand new vehicle.

    This has received much criticism from many in the motoring industry but early signs suggest that the scheme could be a relative succes ...

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  • Honda Have Faith In Government Scrappage Scheme
    By: Thomas Pretty | - The Government scrappage scheme has received mixed reactions amongst those in the motor trade and taxpayers alike, but car manufacturers such as Honda will be hoping that it kick starts the UK motor industry, and Honda in particular received evidence that it could well do so.

    Honda's new hybrid vehicle, the Insight, flew to the top of the best sellers list in Japan having sold more than 10,000 units in April. The car industry in Japan has been in decline for the past decade - unli ...

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  • Maruti, Hyundai Eye Big Orders From Europe
    By: carazoo.com | - Indias to small car manufacturer Maruti Suzuki and Hyundai Motors are profits from the new fiscal incentives being offered by European government. Many European companies have resorted to fiscal incentives to auto sector to help revive their overall economies.

    Several European countries are offering scrapping incentives as part of the stimulus package. This package is aimed at several long term benefits

    Helps revive the auto industry, steel and oth ...

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  • Scrappage Scheme Will See Rise In Personal Loans
    By: darrell joyce | - According to one of the countrys leading loan providers, the new government scrappage scheme for cars could well help to kick-start an industry that has been struggling terribly in recent months. The lender also noted that the scheme could well see a rise in the number of car loans taken out as people who could not previously afford a new vehicle, will look to replace their old car with a newer, greener model.

    This week saw the release of the AA Personal Loans Car Purchas ...

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  • The New Citroen C2 Is In A Class Of Its Own
    By: Tom Jones | - Replacing the Citroen Saxo the Citroen C2 is designed to fill the need for a sporty and practical 'super-mini'.

    With the more expensive C3 satisfying the high end of the super-mini market the C2 has been specifically designed to be a cheaper and more affordable version that is just right for newer drivers or people who do not require the higher levels of power that the C3 has.

    With 6 different engine configurations you can buy a C2 to fully fit your needs, from the ...

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  • Motorcycles Offer Marvellous Manoeuvrability!
    By: Tom Jones | - Motorcycles are a cheaper, easier and less hassle way of travelling through built up urban areas such as big towns and cities. It's little wonder that there are so many motorcycles on the roads today!

    If used for private use motorcycles allow you to purchase an inexpensive means to travel, generally costing far less than a car. This is especially true when you also take into consideration in additional costs such as insurance and tax, which are also far less expensive than a car. ...

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  • Cost Effective And Easy Ways To Buy A New Car
    By: Tom Jones | - If you are thinking of buying a new car it is often very difficult to ever get enough money to do so. With all the other costs of living increasing it seems difficult enough to save money at all, let alone afford a 'big' purchase like a new car.

    Yet things are not as bad as they might seem, there are all sorts of ways you can change to a brand new car for very little cost. One such method is a newly launched government scheme where you are paid money for your old car, which is cut ...

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  • Taking Full Advantage Of The Scrappage Scheme
    By: Tom Jones | - If you are thinking of replacing your van then now is a great opportunity to do so. With the economy in the mess it is right now you can make some excellent savings on commercial vehicles and vans.

    It is in the news almost constantly now that the motor trade industry has hit an all time low, selling fewer and fewer vehicles each month by a drastic amount. With jobs being cut, plant having to close down and dealerships going bankrupt the industry is desperately trying to survive. ...

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  • Choosing The Used Car For You
    By: Tony Hill | - Thinking of buying a used car? You're not the only one - while car sales are down as a whole as the economy takes a nose dive, the figures are suggesting that more people are getting behind the wheel of a second hand or nearly-new car in efforts to get more for car for their money and avoid the fun of depreciation.

    With this in mind, there are several things to consider before you head off to you nearest car supermarket or used car dealers that will save you time when you do. Firs ...

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  • Merseyside Transport: From Wirral Buses To Used Cars In Liverpool
    By: Anna Stenning | - The Metropolitan Borough and City of Liverpool is home to 435,500 people, and covers a fairly wide area. There are a number of modes of transport used to get around the area, from taking the bus on the Wirral to buying used cars in Liverpool. Depending on your budget, all of these are effective methods from getting from A to B, getting to work or for recreational travelling.

    If you're considering buying one of the many available new or used cars in Liverpool, you're spoiled for ch ...

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  • Government Scrappage Scheme Could Benefit Van Drivers
    By: seamus | - Alistair Darling's 2009 Budget report may have come into a lot of criticism in the past week or so, but many van insurance customers will be extremely pleased to hear about the new scrapping scheme in an attempt to increase van and car production and sa;ses within the UK.

    The new scheme will mean that anyone with a car registered before July 31st 1999 will receive 2,000 in trading their old vehicle for a new one. This would appeal to many tradesmen, who rely on their vans to g ...

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  • An Insight Into Honda's Hybrid Challenge
    By: Shaun Parker | - It seems as though Honda are mounting a real challenge to Japanese rivals Toyota in the Hybrid market as their new Insight vehicle has returned impressive sales figures in its home country since launching in February.

    Last week the Insight became the first hybrid at the top of Japan's best sellers list. The Japan Automobile Dealers Association ranked the Insight at the top of the tree after Honda sold 10,481 units in the month of April alone, becoming the first hybrid vehicle in h ...

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  • The Uk Scrappage Scheme, Bringing That New Lexus, Bmw Or Audi A Little Closer
    By: Shaun Parker | - For those of us lucky enough to consider buying a just-off-the-production-line car, the UK Government's new Scrappage Scheme means it's time to put your foot down and think about buying that new Mercedes, that impressive Range Rover or brand spanking new Lexus.

    With a mouth-watering 2000 pounds discount on your dream vehicle, this new scheme, introduced in the UK's 2009 budget, might well bring the actual purchasing of it significantly closer. The entire fund for UK motorists eye ...

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  • Scrappage Scheme For Ni Getting Closer?
    By: Constant Drachenfels | - Every week there are reports and statistics published that describe the automotive industry and every time the news is bad. For months we have been observing that the sales are declining. The situation in the new and used car market in NI is as bad as in the rest of UK.

    The situation is not that bad though in some other European countries. Sales in Germany, for example, have been rising lately, with a 40% soar in March. The German government has recently announced that the scrappa ...

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