I'm certainly not saying that the scheme is a good or bad thing but suffice it to say that in Germany new car sales are up by 20% since the scheme was introduced at the beginning of 2009. It would appear owners are voting with their feet?
The pre 2001 VED dispensation may also disappear and how many people are going keep an old car on the road if its going to cost £500+ to licence it?
We all like to think our old mercs are going to last for ever but in the end body rot is going to do for many of them despite the lavish attention of devoted owners. If you are lucky enough to have a bodily sound car then that's fine but if MOT time has become the nail-biting annual ordeal it is for some owners then the idea is not without its attractions.
Mind you this all hypothetical since I doubt the government has any money left after bailing out the banks. I suppose they could always print some more.