Is the Scrappage Scheme Making Money
Over the last few months the government has indicated they will help the car industry out of recession, this would work like so, if your car is over a decade old then you will be given £2000 to go towards a new one. So a few months on, has the scheme been working? And is it good news for customers and dealers? Let us take a quick glance.
A majority of people mainly car dealers have indicated that they are not satisfied with the scheme. They have stated that there is a lot of work involved in the process that makes a dealers life a hell, they go on to say that although it may be good for the actual manufacturers and almost a million jobs, dealers are having a very hard time with it all.
One dealer actually said that they were making almost 50% less profit.
But on the other hand customers are going to be getting a great deal more then they used too, enquires are already up and people that were not thinking about getting a new car for a few years are now eagerly visiting garages in hope of getting a great deal.
So in terms of the scrappage scheme working to push the economy it is working great and saving jobs in the process, but for the administrators and dealers it is causing them a huge amount of more work then they would usually have to do. As for the consumer, a vast majority of folk could end up getting a bargain.
Do you want to Buy new cars Buy a Porsche or Buy a Subaru
