scrappage Question

[gaz_l]

Mandleson just announced the scheme will be extended by another 100,000 cars (was 200K up to now).

And you believed him?

I wouldn't trust the man if he said the ocean was wet..

Cheers,

Gaz

 

[wallingd]

Crammy you need to look at the i10.

 

[Mactech]

I've had a Grande Punto diesel hire car for the last few days in France. It is not the most powerful thing in the world or the most refined, but it was perfectly tolerable at 130kph and fine for getting about locally. It also seemed to do 4.7l/100kms and that's nearly 60mpg during my tenure. That's the same engine as in the 500 diesel.

 

[grober]

And you believed him?

I wouldn't trust the man if he said the ocean was wet..

Cheers,

Gaz

BBC NEWS | Politics | Scrappage scheme to be extended

 

[crammy69]

Crammy you need to look at the i10.

I did, and honestly think its cracking value for money, but as its the Mrs that will drive it, I have to let her choose and she wants something 'funky' and 'cute'.

cheers

 

[A210AMG]

It does seem odd that some people are swapping cars they currently own (not cheap 2K cars but quite expensive ones) for new cars that do more to the gallon?

Surely its false economy.


You pay a shed load out to save a little back in fuel but lose even more on depreciation?


I've considered swapping mine for an ML55, the way I look at it you may as well enjoy it while we can. Maybe I have it all wrong....


Even £8000 on say a Fiat 500 (which I like btw) your still losing. Losing on the ML, losing on the Fiat, two lots of insurace etc..

So your 67mpg is in the real world costing you a lot.

 

[wallingd]

But it's about kick-starting the new-car market. If people didn't make those irrational decisions no1 would buy new.

 

[Colin_b]

Oh, and I'm oviously only buying a run around so I don't need to use my gas guzzling ML on a school/shopping run.

You could put your scrappage against a nice new ML Probably get a bigger discount....

 

[crammy69]

The economics of it was kindly explained to me by the wife. I buy the car, she gets to save money on petrol and Car tax which she pays for out of her housekeeping (which I give her anyway). Simples.

 

[MarkP80]

From what I have read, the scrappage value is supposed to come off the bottom line price for the vehicle you are buying. It has nothing to do with the discount you negotiate with the dealer. So, you are quite entitled to describe yourself as a cash purchaser and negotiate a cash price for a vehicle. You can then ask for scrappage discount, which is deducted from this final value, funded 50/50 by the manufacturer and government.

Cheers,
MarkP

 

[grober]

A common excuse trotted out by dealers is that they can't give discount because they are already losing £1,000 with the scrappage deal. This isn't completely true since in many cases its the main UK headquarters/importer/manufacturer that takes the bulk of the hit not the dealer.

 

[Dryce]

From what I have read, the scrappage value is supposed to come off the bottom line price for the vehicle you are buying. It has nothing to do with the discount you negotiate with the dealer. So, you are quite entitled to describe yourself as a cash purchaser and negotiate a cash price for a vehicle.

Nice theory.

In practice the deals on offer can be restricted to specific models. And there are lots of little pricing games going on.

So special edition A with aircon comes in at say £9995 and you negotiate a £750 discount. £9245.

But special scrappage edition B *without* aircon comes in at say £11995 with £2K scrappage and no more discount. £9995.

This is why a fairly basic Corsa 1.2 manual with no aircon has a list price of over £10K for what is - in the real marketplace - a 7K car.

A friend commented that he thought Motorpoint had fewer low mileage or new cars than ormal. Maybe a coincidence? But my suspicion is that the scrappage scheme has to some extent supplanted normal stock dumping and pre-reg activity. A manufacturer would rather dump a £14K vehicle at £12K using scrappage to maintain the new list fiction rather than passing it on to car supermarkets to dump at £12K or to flog off as a delivery mileage pre-reg at under £11K.

 

[w124coupe]

A friend commented that he thought Motorpoint had fewer low mileage or new cars than ormal. Maybe a coincidence?

Credit crunch! Many of the Motorpoint cars WERE daily rentals on short-term lease. Now many of the small renters can't get finance to replace their fleet (this is also the reason why many resorts "ran out" of holiday hire cars this summer).

 

[Dryce]

Credit crunch! Many of the Motorpoint cars WERE daily rentals on short-term lease. Now many of the small renters can't get finance to replace their fleet (this is also the reason why many resorts "ran out" of holiday hire cars this summer).

What my colleague was stating was that he thought that there fewer really low mileage (under 1000) and new cars available than he expected.

There were still plenty of the ex-fleet type (6 months to 15 months / 6K to 16K miles).

 

[Dieselman]

Credit crunch! Many of the Motorpoint cars WERE daily rentals on short-term lease. Now many of the small renters can't get finance to replace their fleet (this is also the reason why many resorts "ran out" of holiday hire cars this summer).

I think you're wrong there. Most of their cars come direct from manufacturers or dealers unregistered or registered as demo cars. Some used to be Irish import spec but not sure any more.

Examples here.

 

[J400uk]

My neighbour just traded her R reg W202 C180 , which she'd had from new , in against some little Peugeot thingy , and they allowed her an extra £800 on top of the scrappage ! £2800 is a lot more than I'd have said a fairly average , but still reliable , W202 would have been worth .

This is a good example of why scrapage is pointless, as you could probably get £2.8k of a Peugeot anyway with a bit of haggling. Just looking at drivethedeal.com now, I can see you can get £2989 of a 207 1.4 SE, so why bother with scrapage?

Also does she realise she has downgraded her car?

I drove a Fabia 1.9 tdi the other day and it was awful... really.

Couldn't wait to give it back.

Can't believe they still insist on using that noisy old engine, its been arround since the early 90s now.

I'm trading in my trusty Ford Chavscort, which is a 1996 'P' plate. It's a true workhorse, but is obviously worht almost zero. Will be trading it in for a Fiat 500 1.3 Multijet Diesel and it's 67.3mpg. I would love a Mito, but even with the £2k scrappage, it's way too expensive at £9k, when I can get the Fiat that will hold it's value way better than the Alfa, for £2k less.

The Alfo MiTo holds onto its value exceptionaly well actually, and is one of few cars that dosent get sold with much discount. The 500 is good at the moment, but I'm worried with the recent BSM deal that residual values will tumble.

From what I have read, the scrappage value is supposed to come off the bottom line price for the vehicle you are buying. It has nothing to do with the discount you negotiate with the dealer. So, you are quite entitled to describe yourself as a cash purchaser and negotiate a cash price for a vehicle. You can then ask for scrappage discount, which is deducted from this final value, funded 50/50 by the manufacturer and government.

Cheers,
MarkP

In theory it should work like that but in practice most dealers won't negociate on scrappage deals from what I've heard, and a lot of easily-led people out there think they are getting a good deal, when there not, as I proved above.

I think you're wrong there. Most of their cars come direct from manufacturers or dealers unregistered or registered as demo cars. Some used to be Irish import spec but not sure any more.

Examples here.

A lot of there new 'delivery mileage' cars are foreign imports with limited warranty. I once read of a case were they where selling BMW 525s imported from Maylasia that were completely non UK spec and had been sat arround for two or three years in 'stock' before been sold to various UK supermarkets on the cheap.

 

[The Hooded Claw]

I was in the nissan dealership back in June / July the missus wanted a Nissan Note fer "Shopping Runs" ect

The guy was commenting that coz their a "cross dealership (Nissan / Hyundai) that they (As a whole group) had sold over 500 i10's in the first 6 months or 2009...........TBH I'd never noticed them before


But when you look about Bugger me their like flies round a Turd, their EVERYWHERE!!!!!

 

[w124coupe]

I think you're wrong there. Most of their cars come direct from manufacturers or dealers unregistered or registered as demo cars. Some used to be Irish import spec but not sure any more.

Examples here.

When we were looking for our daughter they had 20+ Fiestas 6-10k miles/6months to a just-under-a-year old that all had various finance company owners on the V5. Also lots of Kas and Clios etc similar.

Not many "delivery miles" and some that were had Euro spec (e.g. Polos with a strange seat trim and Golf GT models not badged here at the time).

I wasn't talking about big stuff - just the models we were discussing here re scrappage.

 

[Dieselman]

Can't believe they still insist on using that noisy old engine, its been arround since the early 90s now.

It's all they are allowed. They have the 1.9 (105bhp) and 1.4 diesels. The 105 is noisy but in 130bhp guise it's quiet.
The polo only has the 1.4 tdi available.

A lot of there new 'delivery mileage' cars are foreign imports with limited warranty. I once read of a case were they where selling BMW 525s imported from Maylasia that were completely non UK spec and had been sat arround for two or three years in 'stock' before been sold to various UK supermarkets on the cheap.

When we were looking for our daughter they had 20+ Fiestas 6-10k miles/6months to a just-under-a-year old that all had various finance company owners on the V5. Also lots of Kas and Clios etc similar.

Not many "delivery miles" and some that were had Euro spec (e.g. Polos with a strange seat trim and Golf GT models not badged here at the time).

If I remember, next time I speak to SiL I'll get her to ask as She's best buddies with the founders.

 

[Dryce]

When we were looking for our daughter they had 20+ Fiestas 6-10k miles/6months to a just-under-a-year old that all had various finance company owners on the V5. Also lots of Kas and Clios etc similar.

I used to check the price of hire cars I was driving and surprise surprise Motorpoint would almost always have batches of that exact spec and at the sorts of mileages the cars are disposed of from the rental companies.

No coincidence.

As long as you know what you're buying it's not a problem. But there are some people who have hangups if they discover their car was an ex-rental *after* they buy it.