Archive for the ‘scrappage scheme’ tag

MPs Look To Extend Life Of Car Scrappage Scheme   no comments

Posted at 6:36 pm in Uncategorized

Back in May, the Government launched a scheme that would reward car buyers when they scrappage their old bangers. Oddly enough it was called the ‘Car Scrappage Scheme’ and it gave car buyers 2000 towards a new car when they scrapped a car that’s more than 10 years old.

600 million pounds was the total price to run the scheme. Read the rest of this entry »

Written by ydpaar on August 23rd, 2009

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Used Car Market is Hurt   no comments

Posted at 10:36 am in Uncategorized

Over the past few years the used cars sector has witnessed a drop in the amount of cashflow that is made. Used car figures were actually down by around £24 billion for the 2008 year, there were around 300k less cars sold then the previous years.

We all know that this was solely down to the credit crisis which hit the world in late 2008. Read the rest of this entry »

Written by ydpaar on August 23rd, 2009

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