Other criteria for the scheme apart from ‘being ultimately scrapped’ is:
- Your car (or van) must be first registered on or before August 31st 1999 (up to ‘T’ reg)
- You must have had it registered to you for at least the past year.
- The vehicle must have a valid MOT or one that expired no more than 14 days before the new car order date.
- The vehicle must have a valid road tax disc on the day of order. SORN vehicles do NOT qualify.
- The vehicle must be legally insured on the day of ordering the new vehicle.
- The ownership (registered keeper name and address) details registered on the scrapped car must match the details on the new car.
- The new car (or van) purchased must be brand new, first registered to you.
After the £2000 is stripped down, through the supply chain, the manufacturer in theory gets most of this money.
So if you buy a new car in the UK, £2000 of government subsidy goes to the car manufacturer.
Which manufacturer can you honestly say is based in the UK?
Traditionally known manufacturers like Land Rover, Triumph, MG are all under foreign ownership, as are GM owned Vauxhall, American owned Ford, and certainly not Toyota, Honda or Nissan.
How about Morgan? Aston Martin?
These certainly are British owned car manufacturers, but would you consider those businesses in need of a boost?
Hand made and often bespoke, these car manufacturers traditionally have lengthy ‘waiting lists’ for their cars, and the prospective owners of these cars won’t be doing a 10 year old trade in… Or perhaps they may!
One thing I have been made aware of, by a friend of mine who lives in Solihull (being adjacent to my own neighbourhood, a white working class area of Birmingham, known as Acocks Green, some would call it Birmingham’s well off next door neighbour) is that some business men there, have actually bought an ‘old nail or two’ solely for the purpose of getting extra discount on their new car purchase next year.
An investment of £100 or £200 giving a return of £2000 in just over a year. Beat that one Barclays!
All that I can deduce from this is that 'Scrappage' is yet another form of foreign aid by New Labour and LiLaC, or a means for their wealthy home supporters to wangle a few extra bob.
According to the government’s scrappage website 60,000 cars have currently been scrapped under the scheme.
I'll do the sums for you; That's another £120 million in the first six months in hidden foreign aid.
THIS EQUATES TO TWO HUNDRED AND FORTY MILLION POUNDS A YEAR IN EXTRA HIDDEN FOREIGN AID!