2020 new car scrappage scheme in doubt
Latest reports suggest the UK government is ruling out a car scrappage scheme, where car buyers would have been offered discounts of up to £6000 to scrap old petrol or diesel cars in favour of a new electric or hybrid model.
- Scrappage scheme plan set to be dropped
- Discounts of up to £6000 had been mooted
- Some manufacturers already have scrappage schemes of their own
Plans had been suggested where car buyers would have been offered discounts of up to £6000 to scrap old petrol or diesel cars in favour of a new electric or hybrid model. The aim of the scheme would have been to provide a boost to the economy, help the UK car industry and encourage drivers into cleaner cars.
However, according to Auto Express, a Government spokesperson said there were ‘no current plans’ to change existing incentives or introduce a scrappage scheme.
Reports earlier this month suggested that the Prime Minister was going to announce a scrappage scheme on 6 July.
Currently, consumers can get up to £3000 off the price of a new electric car under the Plug-in car grant.
New car sales down, demand for electrified cars growing
New car sales were down nearly 90% last month (year on year), according to the SMMT. While petrol cars were still the biggest sellers, SMMT figures show that electric cars, plug-in hybrid cars and hybrid cars combined outsold diesels.
SMMT chief executive Mike Hawes said: “Restarting this market is a crucial first step in driving the recovery of Britain’s critical car manufacturers and supply chain, and to supporting the wider economy.
“Ensuring people have the confidence to invest in the latest vehicles will not only help them get on the move safely, but these new models will also help address some of the environmental challenges the UK faces in the long term.”
Manufacturer scrappage schemes
Some car manufacturers have their own scrappage schemes already in place. Here’s what’s on offer:
With the Citroen Swappage Scheme, you can get a £4,000 scrappage trade-in bonus in addition to the trade-in value of your vehicle towards a new car. The scheme is available to customers who trade in a vehicle first registered in the UK before 1 January 2014. The V5C of the part exchange address needs to match the new vehicle invoice and must have been in the current owners’ possession for a minimum of 90 days.
|Citroen C3 Aircross||£4,000|
|Citroen C4 Cactus||£4,000|
|Citroen C5 Aircross||£4,000|
Dacia’s New for Old Scheme means you can get £750 off a new Duster or £250 off a Sandero or Logan MCV. You need to have owned the car you are trading in for three months.
|Dacia Sandero Stepway||£250|
|Dacia Logan MCV||£250|
You can save between £750 and £5000 on a range of Hyundai cars. The car you are trading in must have been registered before 1 July 2012 and you have owned it for more than 90 days.
|Hyundai i20 – All Models Except PLAY||£2,400|
|Hyundai i20 PLAY -PLAY Models Only||£900|
|Hyundai i30 – 5 door Tourer and Fastback||£3,500|
|Hyundai i30 N Line: 5 door||£2,500|
|Hyundai i30N – 250PS Models Only||£2,000|
|Hyundai i30N – 275PS Models Only||£2,500|
|Hyundai Ioniq – Hybrid and Plug-in Hybrid only||£3,000|
|Hyundai Kona – All Non-electric Models (except PLAY and Premium GT models)||£2,500|
|Hyundai Kona Play – PLAY and Premium GT Models only||£2,000|
|Hyundai Kona Hybrid – All Models||£2,000|
|Hyundai Tucson – All Models Except N Line||£4,000|
|Hyundai Tucson – N Line Models Only||£2,500|
You can save up to £2500 on a new Kia through its scrappage scheme. The car you trade must be in good working order, not identified as an insurance write off category A or B, originally registered on or before 30 June 2013. You must also have owned it for at least three months.
|Kia Niro Hybrid||£2,500|
|Kia Niro Plug-in||£2,500|
You can get up to £4000 off the price of a new Mazda, provided it emits less than 161g/km of CO2. The car must be registered before 31 December 2011 and both petrol and diesel cars.
You can get £3,500 off a MG ZS EV or £2000 off a MG3 or a standard MG ZS. It’s applicable to models that are 7 years old or more. Part exchange vehicle must be taxed, in good working order, originally registered on or before 30/06/2013, and owned by the customer for at least three months prior to ordering the new car.
You can get up to £3000 off the price of a new Renault. The only condition is that you must have owned the car trading in for 90 days.
Under its scrappge scheme, you can save up to £4000, depending on the model you buy. For instance, you can expect a £1500 discount on a Yaris Hybrid, £2000 on a C-HR and £4000 on a Supra or Hilux. The scheme lasts until 30 September and is eligible to cars registered before 30 September 2012.
|Toyota Yaris Hybrid||£1,500|
|Toyota Corolla Hybrid||£2,000|
|Toyota C-HR Hybrid||£2,000|
|Toyota RAV4 Hybrid||£2,000|
|Toyota Camry Hybrid||£2,000|
|Toyota Land Cruiser||£2,000|
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