Last chance for car scrappage scheme

Friday, 12 March 2010 10:54AM
by Martin Ellis: martin.ellis@uswitch.com
Last chance for car scrappage scheme
Last chance for car scrappage scheme
Anyone hoping to cash in their car for a newer model has just a matter of days to do so, the AA has warned motorists.

The government's car scrappage scheme is due to draw to a close on March 31st, with fewer than 24,000 registrations now remaining.

It was extended after the government decided it would make the closure of the scheme easier for motor traders and manufacturers.

Mark Huggins, Director of AA Financial Services, commented: "Not only will buyers get their hands on a new '10' plate car but it also seems that many people have cash available to buy them."

Figures from the AA/Populus Car Purchase Index show 4% of motorists are taking advantage of the scheme and 22% are thinking about it.

Mr Huggins emphasised that people need to make sure they have the right finances in place to purchase a new car before signing up for a new deal.

Posted by Martin Ellis

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