The Public
Everyone is cheering and praising the governments around the world about the way they have saved the public money on new cars. But its a deal that you could have genuinely got from the dealers and maybe an even better one as they look to shift vehicles during the economic crisis.
Earth
We all know that old cars are not very environmentally friendly and it is damaging the globe a vast amount. By trading your old car in for a new one you are basically help save the environment as newer models of vehicles tend to emit much less CO2.
Now lets look at the bad
Luxury Cars
The scrappage system has been brilliant for cars such as ford or Honda. But for the higher end of things such as the BMW or Mercedes are still losing out a bit, this is because £2000 is really not going to help if you are spending around thirty thousand for your vehicle.
Used Car Market
Used car salesmen that I have come across are literally fuming, simply because of the fact that they have lost a high percentage of the used cars market because of the scrappage scheme. I mean who would realistically want to purchase a used car when they can purchase a new car for around the same price.
