* You are viewing Posts Tagged ‘scrappage scheme’

MPs Look To Extend Life Of Car Scrappage Scheme

Back in May this year, the UK government launched a scheme that would reward car buyers when they scrapped their old cars. 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.

The cost to run the scheme cost a total of 600 million pounds. Continue Reading

Why the Used Car Market is Hurt

pOver recent years the a href=http://www.carpress.co.uk target=_blankused cars/a market has seen a decline in the amount of revenue and sales that are made. Used car figures were actually down by around pound;24 billion for the 2008 year, there were around 300k less cars sold then the previous years./pp/ppWe all know that this was solely down to the credit crisis which hit the world in late 2008.!–more– People began to panic and control their money and one thing in life that people could afford to cut down on was purchasing a car and we all know that the huge majority of … Continue Reading