Car buyers hoping to take advantage of the government's £2000 scrappage incentive could miss out - even though the scheme is scheduled to run until the end of March.
Some of the major manufacturers involved have now closed their order books, having used up their funding allocations.
Fiat, Audi, Volkswagen, Hyundai and Kia said they have suspended scrappage orders after selling all the cars their cash allocation allowed under the programme.
The backlog of orders generated by the scheme is likely to see the final few hundred cars for each manufacturer used up in days.
However, Honda, Citroen and Peugeot have reported that they expect to continue the scheme until the end of the month.
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Re: Scrappage funds running out
Do these little Korean things have ESP? But i agree generally most cars are much safer than the previous generations.
On another point, i would love to know what the 400,000 cars scrapped have been. How many thousands of escorts, etc, but also how many MK4 golfs, and how many proper classics.
Re: Scrappage funds running out
I wonder what Autocar's take is on this, after all, they were one of the main players in lobbying the government to get scrappage introduced, encouraging us all (well, not me) to sign their petitions...
Re: Scrappage funds running out
We can live in hope