Its 'big news' at the moment, although I'm not convinced myself its that exciting....
http://news.bbc.co.uk/1/hi/business/7995928.stm
Here it is on BBC news, and heres an interesting snippet where Citroen are so desperate to sell cars, they've taken a leap ahead and are offering the £2000 discount now:
http://www.scrappage.org.uk/citroen_scrappage.html
So, the concept is that you take your 9 year+ car to an ATF (authorised Treatment facility) where they guarantee to crush it in exchange for a COD (Certificate of destruction).
Under the scheme, assuming you meet various other as-yet-undisclosed paramters, Using this COD, you can walk into a car dealership and get upto £2000 of the price of a new car, or upto 1 year old...
This has apparently been really succesful in Germany, however I can't help but think we're thinking of introducing it to try and fix the world car economy slump, which I fail to see it doing - Yes, I can see that it will have a mild effect on getting folks to scrap cars a little earlier than normal in preference for a newer model, but where does it leave us '8' drivers?
Well, I struggle to see how any of us lot would chop our car in for £2000 when it would be a drop in the ocean against a 'nearly new' car of a similar prestige.
Yes, the idea of chopping in a 1986 escort against a 2009 focus - I can see that working, but does anyone here see it working for them?
I can't find any details yet as to whether for example you could scrap '8' for £2000, then use that as £2000 off a car for the missus, or the neighbour, or your mate down the street. I guess they will have closed that loop up or essentially every scrap car in britain would now be worth £2000 !
Thoughts anyone ?
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