Monday 30th March 2009
Be Wiser Insurance

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".

Tagged In:

The cities that are most willing to take a risk on a car’s history when purchasing it are revealed
Car Insurance
Friday 29th November 2019
Are you concerned by your new car’s history? The cities that are most and least bothered have been revealed.
Software flaws in an Uber self-driving car blamed for the death of a pedestrian
Car Insurance
Wednesday 20th November 2019
Autonomous vehicles are being tested across the UK, but many have serious doubt about their introduction.
Where are the UK’s most expensive train station car parks?
Car Insurance
Monday 18th November 2019
Whether you are taking a one-off day trip or commuting to work daily via train, it is likely that you will have to drive to the train station and park beforehand. Considering trains fares are rising, the costs of some UK train station car parks may also be a shock to you.