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Information about Car Scrappage - use your old car to save money!
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Posted on May 6, 2009
Filed Under Cash for Old Car, Scrappage |
The DVLA, responsible for running the Scrappage scheme for the government (officially called the 'Vehicle Discount Scheme'), have announced the full set of requirements for how you can claim your £2000 discount off a new car. The UK scrappage scheme runs from mid May 2009 to March 2010 - not even a full year. Also, this is a fixed budget scheme - so once the allotted money has run out, no more new car discount. So get your skates on!
The rules are as follows - don't forget to double check with the garage when you buy your car!
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- Be a small car or van, weighing only up to 3500kg
- Have a current MOT certificate as of the date of order for the new car
- Have been first registered in the UK on or before 31 July 1999
- Have been registered in the UK under your name for the 12 calendar months before you order your new car with the DVLA or have a SORN (Statutory Off Road Notification)
- Have been continuously registered as yours for the twelve (12) calendar months before the the date you order the new car or van
- Be registered at a UK address on the registration certificate (V5C)
- Be a car or small van weighing up to 3500 kg
- Be registered first time in the UK on or after mid May 2009
- Be new when first registered in the UK with no former keepers/owners
Note, this scheme only applies for dealers or car manufacturers who have signed up for it - you can't just turn up at a car dealer and assume that they will have scrappage deals ready for you. So contact your local dealer first!
It's a great discount, but there are a lot of fences to jump to get the money. So you might want to consider some other ways to save money on your new car; Eco discounts - such as with electric or hybrid cars, buying a nearly new second hand vehice or just biting the bullet and scrapping your old car. Of course if you have any other suggestions please post below.
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