posted 7 years ago

Best time ever to buy a new car

New scrappage scheme could prove to be a success

Car firms are reporting a potential sales boom. The new scrappage scheme is only one week away and car manufacturers have been swamped with enquiries and pre orders since the budget announcement last month.

The Retail Motor Industry predicts the scheme will be a massive success with a forecast of 200,000 extra car sales in the next nine months. Sue Robinson of the RMI says “our members are reporting a great degree of interest because of scrappage there is undoubtedly a real consumer buzz in showrooms with the outstanding deals on offer.”

Hyundai have reported a four hundred percent increase in enquiries, Ford have had 150,000 hits on their website scrappage section while Citroen, Renault and Fiat have also seen a substantial rise in interest.

To qualify for the scrappage scheme your car must have a registered owner with a UK address who has been the keeper for at least twelve months and the car must have been first registered in the UK on or before July 31st 1999.

Some of the best deals so far are listed here, the price stated is the price you pay after scrappage and manufacturers savings; Fiat Panda now £4995, Chevrolet Matiz now £3999, Ford Ka now £7795, Vauxhall Corsa now £5295, Renault Clio now £6495 and a Fiat 500 now £6100.

Scrappage Eligibility Checker