Saturday, April 25, 2009

SCRAPPAGE SCHEME: the manufacturers taking part

Several manufacturers have confirmed that their dealers will be taking part in the Government scrappage scheme.
It has been confirmed that if a manufacturer is taking part in the scheme, they must offer their entire model range, they cannot pick and choose what models to offer.
Some manufacturers have indicated they will put additional incentives onto certain models to make them even more attractive to buyers.
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Here is a list of manufacturers that have confirmed that they will be taking part:
Ford
The scheme will be available across Ford's entire range of vehicles.
Based on the information available so far, Ford plans to boost the potential of the Government's vehicle scrappage scheme with the addition of supplementary discounts on all its larger cars, which together represent savings of up to £4,500 on a new Ford Mondeo, for example.
Called "Scrappage Plus" - the discounts will be available over and above the Government and industry's shared £2,000 subsidy. They start at an additional £1,250 for a Ford Fusion and extend to £3,000 for a Ford Galaxy.
Nigel Sharp, Ford of Britain managing director, said: "We look forward to receiving full details of the programme and working with dealers to make the most of the scheme for our customers."
Audi
Audi has confirmed that it is taking part. It is asking interested customers to register at its website and will update them with more information when it's available.
Kia
Kia has decided to support the scrappage scheme. Although final details of how the scheme will work are still to be settled between the SMMT and Lord Mandelson's department for Business Enterprise and Regulatory Reform, Kia dealers around the UK are ready to take orders now under the new scrappage scheme.

Volvo
Customers can use the scrappage scheme on any new Volvo and can get an additional deposit contribution if the customer buys the car on manufacturer finance. For example, on a C30 Drive S Volvo - the customer will get an extra £2,027 on top of the £1,000 from the Government and £1,000 from Volvo.
Peugeot
Peugeot is participating in the scrappage scheme but is asking customers to make their interest known via its website. While it's not yet clear which models will qualify, a 107 is featured in its scrappage scheme marketing in the newspapers today.
Citroen
In addition to the scrappage scheme Citroen is offering customers £1,000 for cars registered between 1st January 2000 and 31st December 2002 and £750 to customers with a car registered between 1st January 2003 and 31st December 2004.
There is no obligation to scrap these vehicles.
Hyundai
Hyundai has said it will meet the £1,000 that the Government is putting up for scrappage.
Hyundai’s managing director Tony Whitehorn said: “Although we had hoped for a £2,000 contribution from the Government, £1,000 will help drive business through our doors at this time of recession."
Renault
Renault will be offering the scrappage scheme. It plans to offer even greater incentives on its new car and van ranges than just the £2,000 outlined in the scheme. Twingo, Clio, New Kangoo and the new Megane, plus its LCV ranges will feature in the offer.
Nissan
Nissan will be taking part in the scheme which will see all of its models made available. However, Nissan is also extending the £2,000 minimum trade-in offer to models aged 8-10 years old for any customer choosing one of the car maker’s British built range – that includes any new Micra, Note, Qashqai or Qashqai+2.
Volkswagen
VW has welcomed the initiative and intends to participate in the scheme. Exact details of VW’s participation in the scheme will be announced to potential customers in due course.
In the meantime, buyers are being encouraged to register their interest in purchasing a new VW with the help of the scrappage scheme at their local dealer.

DATED: 25.04.09

FEED: AM





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