I’m sorry who are the government kidding with this lousy scrappage grant. Let me paint a picture for you, you’re driving a 2000 Ford Fiesta worth in the region of £1000, if you wanted to get a new Ford Fiesta it would cost in the region of £10000. Now stop me if I’m being a total fool, but what makes the government think that someone who is driving an old motor can suddenly afford to splash out £10000 for a new one.
The funniest thing about all this is that, I could trade in a fairly low polluting one litre car and buy a Bentley probably one of the most polluting cars in the world and still get the £2000 grant. The government appears to have abandoned any notions that the scrappage scheme is an environmentally-friendly plan. It has probably not imposed a maximum CO2 level to aid British manufacturers such as Jaguar, Land Rover, Aston Martin, Bentley, Lotus and Rolls-Royce.
This is certainly a hair brained scheme. Paid for by a rise in fuel duty and of course the extra money the government would receive in VAT from each new sale. Oh but you know what you’re doing, the amount the government will pay out in grants will be tiny in comparison to the amount being raked in off every motorist through the raise in fuel duty.
No only has this scheme been very badly conceived, it is not going to do anything to help the new car industry or help with lowering emissions. In fact I have found cheaper deals on new vehicles without a part exchange, than I have taking the scheme in to account. This scheme should have been based on green credentials, then it would have had some merits. Al the government has done is succeeded in messing up yet another scheme, let’s just add it to the growing list of failures shall we.
Categories: Industry news