In the budget they have just (12:52pm) announced a car scrappage scheme where cars over 10 years old may be traded in for a £2000 credit on the new car. This will run till march of next year. It worked quite well in Germany.
It is a good time to buy new if you have the money. Will this put the price of bangers up as people snap them up to get a £2000 credit?
Will this affect the used car market? Is this a good thing or bad news for anyone in the used car market?
It is a good time to buy new if you have the money. Will this put the price of bangers up as people snap them up to get a £2000 credit?
Will this affect the used car market? Is this a good thing or bad news for anyone in the used car market?