|
|
Article: CAR companies are falling over themselves; MOTORING.(News)
- Article from:
- Daily Mail (London)
- Article date:
- April 25, 2009
CopyrightCOPYRIGHT 2009 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: BY RAY MASSEY MOTORING EDITOR
CAR companies are falling over themselves to push their new 'cash for scrap' schemes now that the Government has given the green light in the Budget this week.
To the consumer, with a valid ten-year-old banger to trade in, it means at least [pounds sterling]2,000 off the list price of a new vehicle.
Anyone with a car, or a van under 3.5 tonnes, registered before July 31, 1999, will get a cash incentive of [pounds sterling]2,000 to trade in their old vehicle for a new one.
That cash discount is split between the Government putting up [pounds sterling]1,000 of taxpayers' cash and the car companies ...