Comments on: Get paid to buy a new car? http://www.drivenmagazine.co.uk/2009/04/22/get-paid-to-buy-a-new-car/ News, reviews, and general car banter Wed, 08 Feb 2012 17:46:39 +0000 http://wordpress.org/?v=abc hourly 1 By: NickH http://www.drivenmagazine.co.uk/2009/04/22/get-paid-to-buy-a-new-car/comment-page-1/#comment-418 NickH Tue, 28 Apr 2009 08:36:52 +0000 http://www.drivenmagazine.co.uk/?p=76#comment-418 The 11 month period for the scheme and the requirement to have owned the car for 12 months means that it does not affect anyone buying a second hand car. There will be some hoping to sell older cars to people who haven't realised that, for inflated prices, but that shouldn't last. It may even push the prices of older secondhand cars down, if people who used to buy runabouts and keep them till they failed an MOT, decide to get a new car which they will now keep for years. The 11 month period for the scheme and the requirement to have owned the car for 12 months means that it does not affect anyone buying a second hand car. There will be some hoping to sell older cars to people who haven’t realised that, for inflated prices, but that shouldn’t last. It may even push the prices of older secondhand cars down, if people who used to buy runabouts and keep them till they failed an MOT, decide to get a new car which they will now keep for years.

]]> By: Ash http://www.drivenmagazine.co.uk/2009/04/22/get-paid-to-buy-a-new-car/comment-page-1/#comment-412 Ash Sat, 25 Apr 2009 08:19:51 +0000 http://www.drivenmagazine.co.uk/?p=76#comment-412 This is one of the biggest fears about the scheme. Britain's car industry involves a lot of cheap second-hand cars that you can pick up for a few hundred quid. Ask any learner driver how much they spent on their first car; they'll tell you the same. This is bad news because it means in order for a second-hand sale to be viable, people will be bumping their prices up to at least 2k. Good news if you're selling, not so good if you're buying. Also dealerships seem to be passing the buck. Go to a forecourt and you used to be able to get all sorts of goodies and discounts from the salesman. Leather interior at no extra cost, for example. Or a free upgrade from a standard model to a GT or Sport model. But dealership reps have now said that they'll be scrapping all those extra incentives in light of Mr Darling's scheme. So at the end of the day, not only is there still no free lunch, but things might well get worse than they were! This is one of the biggest fears about the scheme. Britain’s car industry involves a lot of cheap second-hand cars that you can pick up for a few hundred quid. Ask any learner driver how much they spent on their first car; they’ll tell you the same. This is bad news because it means in order for a second-hand sale to be viable, people will be bumping their prices up to at least 2k. Good news if you’re selling, not so good if you’re buying.

Also dealerships seem to be passing the buck. Go to a forecourt and you used to be able to get all sorts of goodies and discounts from the salesman. Leather interior at no extra cost, for example. Or a free upgrade from a standard model to a GT or Sport model. But dealership reps have now said that they’ll be scrapping all those extra incentives in light of Mr Darling’s scheme.

So at the end of the day, not only is there still no free lunch, but things might well get worse than they were!

]]> By: RSescorts http://www.drivenmagazine.co.uk/2009/04/22/get-paid-to-buy-a-new-car/comment-page-1/#comment-410 RSescorts Fri, 24 Apr 2009 22:43:28 +0000 http://www.drivenmagazine.co.uk/?p=76#comment-410 I have been looking at this for a while, i am a serious Petrol Head. Why have i been looking into this, well i have some cars and van which are only worth £250 to £500, all been owned over 12months etc... to comply with the Government Scheme requirements. I have a few new cars in mind, so far been unable to get a discount on them, hard to believe in these times, But these are selling and they Maximise there profit. Now this scrap scheme will enable me to get one with the discount i want. It helps with the initial Depreciation. Otherwise you'd never ever see me buying a new car, done that once 20 years ago. Still hurts my wallet's feelings. It has got me to go and buy, and maybe a few more will do the same? cheers.............Ken I have been looking at this for a while, i am a serious Petrol Head.

Why have i been looking into this, well i have some cars and van which are only worth £250 to £500, all been owned over 12months etc… to comply with the Government Scheme requirements.
I have a few new cars in mind, so far been unable to get a discount on them, hard to believe in these times, But these are selling and they Maximise there profit.
Now this scrap scheme will enable me to get one with the discount i want. It helps with the initial Depreciation. Otherwise you’d never ever see me buying a new car, done that once 20 years ago. Still hurts my wallet’s feelings.

It has got me to go and buy, and maybe a few more will do the same?

cheers………….Ken

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