Government Scrappage Scheme Extended
29 Sep
The Governement’s car and van scrappage scheme was statred last May and proved to be quite popular. The original £300m set aside for the project is due to run out by February although some have said that it may not even last that long. The scheme offers £2,000 off the price of a new car to customers trading in one at least 10 years old.
At the Labour Party conference Lord Mandleson has pledged to provide funding for another 100,000 cars and vans. This extra investment means that the scheme is likely to last until next February or perhaps sooner if it remains popular. A slight change has been made to the rules of the scheme in regard to used vans. which only need to be 8 years old now rather than 10.





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