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Scrap your F! (TF)

2.8K views 39 replies 24 participants last post by  Dyshipfakta  
#1 ·
If you've not heard, there's talk of bringing in a scrap system in here in the UK. It's already in place in many other countries.

The figure quoted so far is £2k, that's what you get for scrapping your road worthy car, the theory being it promoted purchases of newer cars, which are cleaner and helps the car industry out.

Now that £2k figure is probably higher than the book price on most peoples car here, so who would take the oportinity to either trade up to a newer F/TF or to something else entirely.

I wonder what it will do to overall F/TF prices, clearly the ultra cheap ones get much more expensive but for example what happens to the "break for parts" cars, as far as i'm aware any cars scrapped under this scheme are destroyed, so that's going to make replacement parts for all of us a bigger problem.
 
#3 ·
I think you have to trade in your car for the 2k scrap, and buy something brand new - all in one transaction. Sounds like a daft idea to me! Surely scrapping a car that has already been made, and isn't at the end of its life uses far more energy! I had in my head that car emissions only make up a small part of all greenhouse gas emitted anyway.
 
#5 ·
And how can this be environmentally friendly when we don't even smelt scrap iron in this country but ship it round the world to China and then buy it back as raw steel? And how much cleaner is a new LE500 than a ten year old F with the same engine? And how is it environmentally friendly to unnecessarily dispose of perfectly good items (complete good vehicles to say nothing of electronic components and parts that are indestructible and already contaminating the environment disproportionate to actual need eg tyres and upholstery) and replace with items that are surplus to public need imported from overseas?
 
#7 ·
The whole idea is that they will only offer the 2000 quid to px a vehicle that's over 10 years old. Their opinion is that 10 year old cars generally are not as well looked after/serviced as new ones.

The trade only stands on a new car in the same transaction.

Oh and the end result of this scrap deal is that the price of new cars will just go up by 2000 quid...that's what's happened in every other country that has this deal. The benefit is to the car industry NOT the car owner.
 
#9 ·
I am dead against this too. The only winners will be the car companies. If the government are funding the £2k then that means you are paying for your own £2k through taxes, you probably won't get any trade in from the garage (but you are already getting £2k sir/madam) and the car won't be any cheaper. So the garage sell more cars and pay out less. If the car companies are funding the £2k, then as already said, the price of the new car will just increase. In any case, we won't gain a thing as a consumer.
 
#17 ·
I am dead against this too. The only winners will be the car companies. If the government are funding the £2k then that means you are paying for your own £2k through taxes, you probably won't get any trade in from the garage (but you are already getting £2k sir/madam) and the car won't be any cheaper. So the garage sell more cars and pay out less. If the car companies are funding the £2k, then as already said, the price of the new car will just increase. In any case, we won't gain a thing as a consumer.
Me too CJJ... Everybody just think about it...

It's a sort of reverse Robin Hood.
We all pay tax, and the taxman pays the £2000.
So by definition if you can afford to buy a new car you are getting taxed revenue off those who can't afford a new car.
The manufacturers are heavily discounting anyway so there's little in it for them, the only winners are wealthy consumers.

Yes, the spirit of the Sheriff of Nottingham lives on !!!!
 
#10 ·
The idea is not for us to benefit from this. It is designed to give more money to the car trade. It is also being dressed up as a green initiative to disguise the fact that they are effectively asking you to give your old car to the dealer, so they can get £2000 and then buy a new car from the same dealer, so they can make some more money out of you. The dealers will factor in the £2000 and deals will all cost punters more. Best bet will still be to do the deal for the new car without the scrappage. That should get you the best price on the new car. Sell the old car privately. That should minimise the cost to change.
 
#12 ·
This could be a good earner. Because, you could just by a £100 banger off eBay, register it to yourself, then scrap it. Easy money. Although my mum says there is a clause about a minimum ownership period, perhaps some one can shed light on this.
 
#13 ·
This is the same as the plastic bag story Rubbish

Commercial gains wrapped up in green camo, and a case of bulsh!t baffles brains when it comes to convincing government that they can claim brownie points for helping to save the environment, while businesses sit back in glee and say "conned the suckers again"
 
#15 · (Edited)
It is yet another example of the stupidity that governments do in times of crisis. Other countries in Europe have done this already simply to prop up car sales. It is reported that it seems to work.

Cars are still a huge part of our economy and whereas Banks are bailed out to the tune of billions at the drop of a hat, governments simply can't get past the class dogma that stops them doing the same for manufacturers. So they invent a plan like this. It it alleged to be successful in Europe, so off we go with Gordon "never voted in" Brown's Plan 9 from Outer Space way out of the depression.

YES there is little ecological reasoning behind it except that the equivalent car on the road will be cleaner ...and if they were being made anyhow ... Also the car will be safer too, which is a good thing

On the bright side. Expect there will be a surge in used parts as the older cars are broken up.

Lo an behold even your worse nightmare of a banger is worth £2000 in trade in value, which of course you lose as soon as you take the new car off the forecourt. So if you are thinking about buying a new car go and find a wreck with an MOT and chop it in: save yourself £2000.

I have a fear though for old Fs this is the apocalypse. I think that many variable-HGF older, slightly shabby Fs are destined to God's MGFest in the sky. Probably sooner than would otherwise fate an open british sportscar classic.
 
#26 ·
Indeed, this so called "environment premium" of € 2.5 K ( :daft: ) is rubbish and just puts the car crisis to a later date if even ... wasted tax money IMO

I'm not saying anymore before I get slapped but ......... forget this for F/TFs as they'll NEVER be produced again and it would be sad to see them go for just "bread-and-butter-mass-production" cars. Some people over here don't think twice and realise that they would get more money out of their cars if they just put it on sale .... fools :irked:
 
#19 ·
This idea is also in discussion over here in Sweden, I wondered about parts but when I called the department involved I was told that as far asd she culd see all cars were to be "perminently" scrapped, however, that did not mean a melt down but that all usable parts could be removed and sold as far as was economicaly viable. In clear text, as long as the scrappies make more on parts than on raw steel the parts would be sold.

John Fla, I am not sure where you got your info on this , I spoke about this to a German friend three days back and he said there was a slight rise in car sales accross the board with seemingly no change in behaviour and the companies hadn't generaly raised prices. However, as the UK has no real domestic producers anymore I can't see the British buyers changing their habits either.

Perhaps a proviso should be put on the tax rebate, the companies raise their prices and the governments lower the rebate.

Also, a bounty on any MGF/TF ovwer's head should he or she use the car in order to get the tax rebate :stir:
 
#20 ·
John Fla, I am not sure where you got your info on this , I spoke about this to a German friend three days back and he said there was a slight rise in car sales accross the board with seemingly no change in behaviour and the companies hadn't generaly raised prices.

Hello Harry,
Its was on the BBC over the weekend.

Regards
John.
 
#22 ·
I stand, or in this case, sit, corrected. Thinking about it a bonus of around £2000 or €2000 doesn't make a lot of difference if you are looking at a £30,000 + car..... hoever, a big difference for a £10-15,000 one.
 
#24 ·
Making the assumption that this £2K is against a New car (as it appears to be), then I'm really confused by this for one main reason:

Me, an old banger driver: I would like to take advantage of the £2k back please.

Ford salesman: here is a brand new Fiesta, £12k on the road.

Me: Err, if I had that sort of money I wouldn't be driving an old banger!

So I'm not surprised to hear that it doesn't make much difference to overall sales, you wouldn't be able to take advantage of the deal unless you were going to buy a new car anyway. There would be the marginal cases, of course, where people were in two minds between a reasonably priced nearly-new car and an overly inflated brand-new car, and this might sway them, but they will be far and few between.

So thinking about the winners and loosers.

A winner would be those with enough money to buy a new car anyway, who happen to have their kids banger to trade in, and obtain a discount or optional extras at the Taxpayers expense... Hmmm, not so happy about that.

A looser would be the Escort driver who can't afford a new car and keeps his/her really old banger as there are fewer £1k cars on the road... not too happy about that either :( (nothing against Escort drivers, just an example of a car that's been around a while...)

As to the starter question: would I trade in Patch for £2k? I can't afford to! :lol:
 
#25 ·
We did this in Ireland in 1995 - 1997 (I think). The scrappage deal was £2,000 back then and the punt was = 1.27 euro so a very good deal for the new car purchaser. It actually worked a treat because there were lots of bangers on the road and the value of 2K against the new car prices back then was quite a lot. In todays terms it would need to be about €5 grand.

The car industry in Ireland today, which is only car show rooms and no manufacturing, want the Irish government to introduce another scrappage scheme to save jobs in the industry. So, Gordon is not necessarily looking at it from the point of view of British manufacturers (small in number as they are), but rather the car sales industry as a whole.

One thing is for sure, it's not to help out the people who voted Labour in to government, and that's for sure. Is there any government who puts the needs and wants of their electorate before the vested interests? (a rhetorical question and I dont want to turn this forum into a political one).
 
#27 ·
We did this in Ireland in 1995 - 1997 (I think). The scrappage deal was £2,000 back then and the punt was = 1.27 euro so a very good deal for the new car purchaser. It actually worked a treat because there were lots of bangers on the road and the value of 2K against the new car prices back then was quite a lot. In todays terms it would need to be about €5 grand.

quote]

This means it will work! In 1995 we bought our first new car a base Fiat Punto for £6495, today they cost £6995 an incredible £500 increase in 14 years.
We had an old Saab 900 which drank petrol and was very expensive to insure, as a newly married couple we worked it out that the £100+ a month loan coupled with the stability of no shock repair bills was more sensible than keeping an old car. This was with a £750 trade in.....if the offered me £2 K i would have biiten their hand off. I could have afforded one of those Bright Yellow Punto Sportings :clap:
 
#29 ·
As it is "for the environment" I think that you should only get this if the new car is a 900cc 3 cylinder eco car that produces 'ickle bunny wabbits out of the exhaust. That'll teach the people who are looking at buying their next V8 Jag on this deal. :)
 
#30 ·
What the Goverment dont seem to grasp is that the average BRITISH driver doesn't drive a car because it is more eco-friendly or safer or pedestrian friendly.........they drive the car that they can afford or the car that they enjoy driving.
I think if you going to trade in your beloved MG for a new car then your going to want a bit more than £2000 for it. And if they are really so concerned about the environment why dont the goverment give everyone a £2000 grant to convert to lpg.........Hmmmm, I wonder. To me this scrap bonus would benefit no-one except the company car allowance people....and the motor industry......which isn't the British motor industry because there isn't one.

Also does this apply to any new car? Can I get the scrap bonus and go and buy a Caterham 500? or maybe an Atom? Something tells me not!!!
 
#31 ·
So if we all trade in our small green cars against dirty great Range Rovers, doesn't that rather scupper the Governments claim about it being "Green"... Oh no, I forgot, they get £400 tax a year from them :dddc:

Why hasn't someone assassinated this dictator yet? Well I say assassinated, you only tend to assassinate important targets... Culled may be a more fitting term.
 
#32 ·
So if we all trade in our small green cars against dirty great Range Rovers, doesn't that rather scupper the Governments claim about it being "Green"... Oh no, I forgot, they get £400 tax a year from them :dddc:

Why hasn't someone assassinated this dictator yet? Well I say assassinated, you only tend to assassinate important targets... Culled may be a more fitting term.
How much part ex would we get towards a new Prime Minster? :bgrin2:
 
#36 ·
I have heard a few stories about this scheme and understand that the £2k handout will only be for low emission environmentally friendly cars - most of which I would never dream of owning so it does not appeal to me.

Even if they were to half the price of some small engined Fiesta, Corsa or similar I wouldn't buy one:sick:
 
#39 ·
Very true, very true.

To be honest, I will only seriously consider an LE if it comes to under £10k with the £2k discount included. That is not to be sniffed at. As I understand it, the deal could be for cars up to 1 year old so that will allow some time for someone to sell me a good used LE 500 :)