It amazes me that people havent seen thought he scheme. the fact that nearly 300,000 willing fools have been found just shows what the general public are like.
As we all know half the £2,000 comes from the manufacturer, so its only £1,000 from the tax payer. Almost all cars would get a £1,000 discount anyway, so its back to the £1,000 from the tax man. Yet all these cars have to have an MOT so must be worth hundreds if not the £1,000 the tax man put it.
And yet by removing these cars from the road the price of other older cars is bound to go up, which will be of no benefit to poorer people who buy them.
At least the tax man brakes even on the Vat against the scrappage cash, and i suspect that most of this money has been taken out of bank accounts where it would otherwise have stayed unspent, so its not as if it would have been spent elsewhere generating more vat.
But its the stupidity of throwing away decent cars that gets to me. we didnt even have the sense the Americans has to exempt 25 year old car, so not only have we lost some decnt nearly new cars, but also some proper classics.
Shame on the government. i know this lot will soon be a distant memory, but it cant come a day too soon!
405 Le Mans, Monaro CV8, S2000, MKX 3.8. No more space.
