From September 1st, the new 67 plate models are being released. Recently, several car manufacturers have announced renewed car scrappage schemes for 2017. Here's what you need to know about the best ways to scrap your car. Most manufacturers require you to have owned the car for a minimum of 90 days, most offers exclude premier models (e.g. Ford GT and RS models are excluded from Ford's Scrappage Scheme), all deals are offering a minimum of £2,000 off your new car, some car scrappage offers give as much £7,000 off a new car.
The new initiative is designed to remove vehicles which have a high carbon footprint from British roads. Following changes in tax law, vehicles which have high levels of carbon emissions are now taxed at a higher rate. This represents a shift in emphasis by the Government who previously offered tax breaks for carbon-efficient vehicles but are now directly targeting cars which are the worst offenders. This is combined with their announcement earlier this year that the sale of petrol and diesel cars is to be banned by 2040.
Also, as fossil fuel reserves become more and more scarce, the industry is gearing up for a more wholesale move over to hybrid and fully-electric vehicles. To alleviate fears amongst motorists, and to benefit the environment, industry leaders have introduced a new scrappage scheme to assist car drivers to upgrade their vehicles to a more environmentally-friendly option.
Increasingly European laws on Carbon emissions have tightened, ultimately resulting in cars which are much more energy efficient. The table below highlights Euro Standards and the registrations to which they apply:
Significant savings can be made on car tax by buying a new car over keeping a second-hand less- efficient vehicle. Under the new vehicle tax laws, all new cars will pay a fixed car tax of £140 (excluding hybrid and all electric cars) from the second year. Vehicles with very high emissions could pay up to £2,000 and any vehicle with a list price of over £40,000 is subject to a further £310 levy.
With increased investment into refuelling stations, electric is now a better option than ever before. Electric cars have gained in popularity recently with such models as the Nissan Leaf demonstrating that you needn't compromise fuel economy for striking kerb-appeal. Nissan's scheme is slightly different in that it is referred to as a Swappage Scheme, and includes the option to buy a used car as well as new.
With this in mind, Evans Halshaw introduces the scrappage schemes currently available from our manufacturing partners:
Since their introduction in 2009, scrappage schemes have become steadily more and more popular as an easy way to scrap your car and to buy a new greener car. All of the manufacturers listed in the above table have their own offers with their Terms and Conditions so please click on the individual links to make sure you're clued up as to what's on offer but hurry as some schemes are available for September only!