Car manufacturers and the iPhone generation

604 More

Earning the right to be successful

587 More

Knowledge is power

681 More

Selling cars – it’s all about timing

967 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Scrappage – you still need to hunt down the best deal

Although we have tried to be as balanced as possible with regard to the scrappage scheme and offered the views of many people who have had experience of the process so far. It is, according to many dealers and customers, a worthwhile way of stimulating the market. Dealers, for instance, are telling us that in the main the customers who are buying are happy to accept just the £2,000 incentive from government and manufacturers and therefore the cars they are selling are far more profitable than they wouldusually be, as they don’t have to go through a lengthy haggling process in order to close a sale. On the other hand buyers who are benefitting from this are of the group predicted, i.e. people who have bought cars for members of the family which have a qualifying car and can win by getting a new car and ridding the family of an old banger which may often cost more to run and maintain than it’s worth.

There are still those, however, that say some of the finance deals are not as good as one’s on cars that aren’t on scrappage, which kind of makes sense when you consider that the best rates of interest are often on new cars which manufacturers will subsidise in order to sell more units and not necessarily the already popular models which are selling well anyway. But if they are already giving £1,000 and the government another £1,000 they will probably not want or need to give everything away with regard to scrappage cars.

As we have always said compare each deal on the market which is relevant to your own circumstances because that is the only way you can attempt to get a deal and a car which is right for you. I mean if you have a budget of £200 per month and the interest rate is 5% then it doesn’t really matter to you if a you can get a monthly payment of £300 per month at 3% because you cannot afford more than your budget and nor should you.

Pay what suits and get a deal which you are happy with.

Jun 15, 2009In51der
  • Scrappage done and dusted now the hard work begins
  • The unseen downside of scrappage
  • Your first deal is your best and this one’s a cracker!
  • Scrappage party could soon be over
  • Buying a car on scrappage? Ask for more
  • Scrappage ups and downs, winners and losers
  • Forget the gloom – The Lamborghini Gallardo Spyder LP560-4Ford to end 'retail only' offers
    In51der

    Motor Trade Insider - Bridging the gap between the customer and the Motor Trade

    13 years ago Blog, Consumer, Scrappagebest scrappage deals march 2010, best scrappage prices on new mini one, mini cooper scrappage deals, profit, scrappadge deals new cars for 2010.ie, Scrappage, £2,000 deal to trade in used cars finishes62
    Most viewed
    Top 100 UK Dealer Groups
    39,531 views
    The car sales process and the “9 point plan”
    11,562 views
    webuyanycar review – They will buy any car but beware of the asterisk
    6,046 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes