Last orders for car scrappage scheme

The government has called time on its car scrappage scheme, as the offer of a £2,000 discount  on new models enters its final phase.

After a successful run, the 400 million fund provided by the Government will stop at the end of March, with ministers making it clear that there won't be any extensions.

The success of the scheme can be seen with 355,000 order for new cars and vans since the scheme was started.

Commenting on the successful scheme, Business secretary Lord Mandelson said: "This is last orders for the scrappage scheme. Car owners need to move quickly to avoid disappointment if they want to buy a new car at a discount.

"Industry figures have shown again and again the benefits the that the scrappage scheme is continuing to deliver to the automotive sector and beyond. It is great news that in January scrappage helped the industry to achieve its biggest output gain since May 1976."

A total of 37 firms have signed up to take part in the final phase of the scrappage scheme and will give an allocation of remaining potential orders based on consumer demand.

The £2,000 grant for trading in an old model for a new car is maxe up of 31,000 from Government, with matched funding from vehicle manufacturers.

If you are going to utilise the scrappage scheme you might need to look at our Immediate delivery section to find what car can be delivered within the next month.

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