A grand total of 372,401 new cars were registered through the recently concluded car scrappage scheme.
The scheme was introduced in the 2009 budget and provided a £2,000 discount on the cost of a new car when one over ten years old was scrapped. Government provided half of the discount while the rest was footed by the manufacturer. Initially a £300m budget was provided allowing for 300,000 discounts but when the…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
