NEWS

SAVINGS of up to £6365 are on offer at Chevrolet car dealers, to support the scrappage new car scheme. The brand is, until the end of June, running a ‘bigger car, bigger discounts’ campaign. This means that, on top of the £2000 scrappage allowance, the following big deals are running: • Chevrolet Matiz from £4295; [...]

INDEPENDENT car garages and dealers will benefit from the Government’s scrap scheme too, says the RMI. It is not just franchised new car dealers that will profit from the scheme. Independents who invent in training and equipment can harnass new opportunities created by the scheme. The RMI’s Independent Garage Association has committed to a series [...]

GUIDANCE from HMRC over how to handle scrappage VAT payments has finally been published… … at last resolving the issue for car dealers. In short, it is as thus: Car dealers can reclaim VAT on FULL SELLING PRICE of car This means that car dealers SHOULD NOT reduce the amount of output VAT declared on [...]

FORD will tomorrow start delivering cars under the scrappage scheme, after finally resolving issues. Yesterday, we reported that Ford had suspended deliveries of cars, due to ‘outstanding’ issues in a number of areas. The UK’s largest car brand was seeking urgent clarification with Government over these details. Now, it seems they’ve finally been cleared up, [...]

SCRAP initiatives mean some car dealers are the ‘busiest in living memory’, comes word from the shop floor. So much so, many Hyundai car dealers are extending their working hours! It’s the only way, says the firm, that the additional work in processing orders can be completed. Tony Whitehorn, Hyundai UK MD, said: ‘Scrappage has [...]

ALFA Romeo has launched a zero-deposit finance deal to enhance its eye-opening scrap support. The Italian brand’s car dealers are to sell a MiTo for £146 a month. A 4-year PCP deal, it requires zero deposit – meaning car buyers literally swap their old banger for a new Alfa Romeo. The final payment is £4625 [...]

CAR dealers including Ford and Honda are reportedly NOT yet delivering cars under the scrap scheme. Administrative issues mean that, while orders can be placed, some brands have instructed their dealers NOT to hand over cars under the scheme. Ford, which has the largest car dealer network in the UK, said this was because of [...]

SCRAP scheme trade-ins do NOT need to have a current MoT, Car Dealer Magazine can today reveal… … because cars with freshly-expired MoT certificates will still be accepted under the scheme, the Government has confirmed. So long as the MoT hasn’t been expired for more than 14 days, motors without a current MoT will still [...]

CAR Dealer Magazine’s long-running campaign for dealer support from a scrappage scheme launches today. We have, for months, been calling for the Government to act. Car dealers need the new car sales boost the scheme is proven in Europe to give – and we have been at the front of calls for its introduction. Finally, [...]

CAR buying website Parkers has FOUND Government is actually going to MAKE money from the scrap scheme! The shock revelation proves that the Treasury will profit from every single car sold through the scheme. This is because of the VAT returns each sale brings. These far outweigh the cash incentive the Government is putting in [...]

£2 billion will be pumped into the economy thanks to the scrap scheme – and the poorest motorists will benefit. It’s younger and less well off drivers that an AA survey revealed are most likely to sign up 1 in 5 18-24 year olds reckon they’ll take part, for example. Overall, 11 percent of men [...]

CITROEN is famed for its deals. The Government’s new car scrap scheme means another chance to prove it. The French manufacturer is thus offering, to date, the most staggering scrappage deal we’ve yet seen here at Car Dealer Magazine. A Citroen Xsara Picasso people carrier, for £7995. That’s a combination of the £2000 scrappage allowance [...]

CAR buyers are returning to car dealer showrooms – and it’s all thanks to the impact of the scrappage scheme. Since the scheme was announced last month, car buyers have shown ‘great interest’ in the scheme, reports car dealer body the RMIF. Car dealers have been reporting ‘a marked increase in enquiries since the scheme [...]

CLASSIC car fans in the UK have created an industry worth £3.2 billion – which is now at risk, warn experts. Classic car e-zine Dep-O want the Government to respond, by reintroducing an enhanced Historic road fund. It wants the return of the 25-year rolling deadline for road tax exemption. Currently, the classic car tax [...]

RENAULT is the latest brand to finally confirm its scrap scheme sales incentives – and they’re eye-openers. Choice one for Car Dealer Magazine is a new Renault Clio Extreme 1.2 for £6495. That’s a saving of £3500 on list price… and £500 better than Renault previously announced! What’s more, it’s the latest, just-facelifted Clio, which [...]

FIAT is going one better with its scrappage deal – by responding to competition and bettering its deal! Previously, it was to sell the Grande Punto 1.4 Active for £6,995. Now, it’s cut the list price to £6695 – courtesy of a hefty £1955 incentive on top of the Government’s £1000 contribution. The maker is [...]

MINI has launched a special edition model, which includes a ready made scrap scheme incentive deal. The MINI Graphite is an extra-kit special edition, with key extras over the standard cars. It is offered in One, Cooper and Cooper D guise. The most obvious mark-out feature is standard Dark Silver paint – until now, a [...]

CAR dealer representative the RMIF is calling on ALL car retailers to keep Wednesday 6 May free. At Warwick’s Hilton Hotel, it’s holding a briefing on the Governemtn’s scrap scheme, and how it will affect them. At the brioefing, car dealers will hear outline proposals on exactly how the scheme will work. They’ll also be [...]

MOTORPOINT, which initially supported the scrap scheme, has, after seeing the detail, ABANDONED its vote! ‘It’s nothing more than a clever ruse by the car manufacturers to offset recent price hikes at the tax payers expense,’ says the UK’s largest car supermarket. ‘Few consumers realise that the funding only applies to a brand new, unregistered [...]

ONE argument against the Government car scrappage scheme has been that it’s just as green to drive old cars. Not so! To prove it, Ford has released a set of statistics. Car Dealer Magazine has been able to scoop these. And they provide car dealers with serious ammo for customers! Take the Fiesta, the nation’s [...]