Scrap scheme to pay
October 1st, 2009 by Richard Aucock
SCRAPPAGE is leading to big gains for one enterprising firm – the cartakeback.com authorised collective.
The need for the Certificate of Destruction issued by the firm’s 300-strong Authorised Treatment Facilities is seeing it benefit from the scrappage scheme.
But car dealers are in on this bounty, too.
So far, the network has paid out over £5 million to car dealers in exchange for scrap cars. By the end of the year, this will have risen to £10 million.
This means that not only do car dealers get the all-important CoD needed for claiming scrappage funds, but they also get a healthy cash injection on top of it.
The gains will run well into next year too, says the company’s manager, Graham Price. This is ‘due to the manufacturers’ lead time for providing new vehicles, which can be as long as 3 or 4 months.’
Despite the scrappage scheme being a huge hit, Cartakeback is still hoping to have just under half of them processed through its network. That’s the whole lot – all the car dealer needs to do is arrange for collection.
Even security concerns here have been addressed by the firm – it’s set up a dedicated, secure online request form, which offers many safety nets to ensure car dealers have a completely bulletproof service. A vital added extra, reckons the business.
After all, don’t want to be giving the Government any excuses to hold back scrappage funds…
OFFICIAL: Scrap scheme extended
Tags: cartakeback, new car scrap, scrappage