fingers crossed

[Craig.]

http://news.bbc.co.uk/1/hi/business/7995928.stm

My only question would be, does it have to be used on brand new cars or cars under a certain age. These schemes work elsewhere, where new cars are much cheaper.

[Hagar]

If it's based on the German system it can be used for cars no more than 1 year old. Reading between the lines the replacement would be limited to the cleaner, more efficient category. Knowing the way our government works I expect the whole thing will be a cockup, hastily conceived & not thought through properly. I don't know where the money to pay for these wonderful schemes they keep dreaming up is coming from. ::)

PS. Having recently replaced my own car I'm not too impressed with this scheme anyway. Once again the prudent members of society are expected to subsidise the others.

[expat]

If it's based on the German system it can be used for cars no more than 1 year old. Reading between the lines the replacement would be limited to the cleaner, more efficient category. Knowing the way our government works I expect the whole thing will be a cockup, hastily conceived & not thought through properly. I don't know where the money to pay for these wonderful schemes they keep dreaming up is coming from. ::)

PS. Having recently replaced my own car I'm not too impressed with this scheme anyway. Once again the prudent members of society are expected to subsidise the others.

Yes it is based on the German system........Der Abwreckpr

[C]

Your car must be a MINIMUM of 9 years old. You have to have had your name on the owner document for a MINIMUM of 1 year. So no buying a wreck and claiming.

Well, buy four wrecks for

[expat]

Your car must be a MINIMUM of 9 years old. You have to have had your name on the owner document for a MINIMUM of 1 year. So no buying a wreck and claiming.

Well, buy four wrecks for

[C]

Your car must be a MINIMUM of 9 years old. You have to have had your name on the owner document for a MINIMUM of 1 year. So no buying a wreck and claiming.

Well, buy four wrecks for

[Craig.]

end of the day if it helps me get a new car then I cant complain. If it comes out of tax payers money then so be it as a tax payer myself at least I'm paying towards it lol. For me the biggest issue in getting a new car is the deposit not the payments. This would fix that, so bye bye beemer thats falling apart hello civic or lancer thats shiny and new.

[Craig.]

Apparently the car industry will share the costs of the scheme, predictions put it at a cost of

[Hagar]

This is all speculation. Nobody will know the details until the Chancellor announces his Budget on 22 April. As Matt pointed out, I'm sure there will be a lot of conditions attached.

You obviously have more faith in our government than me Craig. If there's a way of messing it up, trust them to find it. The only people likely to benefit are the car retailers. They could do the same thing without involving taxpayers money by reducing the prices on their products.

[Craig.]

faith? no. I'm related to a politician, I know first hand how stupid they can be at times
Like I said this may or may not be my best chance to get a new car. Conditions or not, all I can see is the chance to be rid of a car on its last legs. The problems to fix are more than the car would be worth and its now just a case of fingers crossed lol.

[Hagar]

We'll soon see who's right. I'm wondering how it will work in practice. By rights the new car should fall into the environmentally friendly bracket with low CO2 emissions. This won't suit everyone including the car retailers so I expect they will find a loophole in the regulations thus defeating the whole object of the exercise.

This could easily turn into a fiddler's charter with all sorts of rogues getting a piece of the action. In the meantime, what happens to people who would dearly love a new car but don't comply with the requirements by not having an old banger to get rid of? I don't see how it can possibly help them. At the moment many car retailers are offering deals of

[expat]

[quote]We'll soon see who's right. I'm wondering how it will work in practice. By rights the new car should fall into the environmentally friendly bracket with low CO2 emissions. This won't suit everyone including the car retailers so I expect they will find a loophole in the regulations thus defeating the whole object of the exercise.

This could easily turn into a fiddler's charter with all sorts of rogues getting a piece of the action. In the meantime, what happens to people who would dearly love a new car but don't comply with the requirements by not having an old banger to get rid of? I don't see how it can possibly help them. At the moment many car retailers are offering deals of

[C]

Well, it's been announced in the budget. Sadly there is a caveat - the car has to be 10 years old (fair enough), and more pertinently the scheme will only run until March 2010 (not exactly looking after the environment long term!). Sadly the car I'd be looking to dispose of is a year too young.

[Craig.]

the only issue to me is that it has to be a brandf new car. I'd rather not thanks. A year old even 6 months, just so the intial depreciation is hit on someone else. Besides the majority of cars they will try and sell off as new have been sat by the bristol channel for the last 12 to 13 months and will be re-plated as new.

[Craig.]

ooops another issue. It'll be up to the manufacturers to decide on whether or not they will participate. Wonderful news as I bet the ones that I'll be interested in wont participate.