New government figures released
More than 60,000 orders for cars under the UK’s scrappage scheme have been placed since the scheme was announced. Business secretary Lord Mandelson said the scheme had given the car making industry the boost it needed.
The figures released by the government cover orders placed from the end of April until the first week of June. The scheme will now run until March 2010, Lord Mandelson believes the figures speak for themselves and consumers know a good deal when they see one.
Half the scheme’s cash will be paid for by the government with manufacturers contributing the rest. The government has set aside £300 million to pay for the scheme which could benefit up to 300,000 customers.
Customers are reminded that they must have been the registered keeper of the car due to be scrapped for at least twelve months, and will be given a £2000 discount on a new car if the car to scrap is at least ten years old.