Government Car Scrappage Scheme

[Adam]

Has any1 taken advantage of this? Where if you have a car over 10 years old you can get £2k towards the price of a new one in an attempt to kick start the economy.

I know its greenwash in the sense its made to be like its a green initiative but ignoring all that - here is my thinking.

I have a car I've had since new and its 11 years old, I love it and its probably worth about £1k on its own and I was thinking if I can get that £1k and the £2k from the government off a fairly cheap new car then it'd be a bit of a bargain. Its not running amazingly atm, I guesstimate it has about £300 worth of work need to get it back up and running but I can use it for now, although the winter might kill it and double that work.

Problem is, I do less than 2000 miles a year as its almost pointless me having a car but there is a chance that I may want to travel round some of europe next year and having a car that runs well would be a nice investment I'm thinking.

So any thoughts?

[Guy Incognito]

depends what car you want and how your going to pay for it.

we were gonna trade in our old family car for a new family car but we would still be looking at about paying 10 grand when we could get a 1 year old car for about 7 and a half and it would still be warranteed for 2 years. the car salespeople arent pushing it either really they are still trying to flog their nearly new ones instead.
however if you only want a cheap car and pay on the never never for it then it might be a good deal

[Documad]

If you were going to buy a new car, what would it cost and how would you pay for it? Do you have to buy a British-made car to qualify for the discount?

You're going to pay more in interest on the new car than what the discount will save you. I'd only do it if I was already in the market for a new car.