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Details relating to the Car Scrappage Scheme

The car scrappage scheme as announced by the Government in the 2009 Budget is to run between mid-May 2009 until March 2010 and enables British car owners to receive a £2,000 subsidy towards the purchase of new car (or van) if owners trade in their 10 year old (or older) vehicle for scrappage.
The £2,000 subsidy [...]

Budget 2009: How the Car Scrappage Scheme will work

Car Scrappage scheme
In an attempt to stimulate British consumer demand for new cars, the British government have announced in this week’s Budget a car scrappage scheme.
It is proposed that the car scrappage scheme will run until March 2010 and effectively offers motorists buying a new car a £2,000 discount if they trade in their +10 [...]