Car Insurance News from Be Wiser

Used cars 'should be an option under scrappage scheme'

Car insurance customers who are prepared to scrap their old banger will not be able to buy a new motor with £2,000, it has been claimed.

The British Vehicle and Leasing Association (BVLA) made this comment in light of plans to introduce a scrappage incentive scheme in the UK.

Previously, the Society of Motor Manufacturers and Traders put forward plans that would see drivers rewarded with £2,000 towards the cost of a new car if they were prepared to get rid of a model that was over nine years old in favour of something more up-to-date.

However, BVLA said the initiative should allow drivers to buy used vehicles as long as they do not emit more than 165 g/km of CO2.

It stated this was a more realistic plan if people are to be given just £2,000.

With this amount of money, BVLA chief executive John Lewis claimed "most people will still not be able to afford to scrap a vehicle of nine years or older and go out and purchase a shiny new car".

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