Thursday, 23 April 2009

Budget fudget

Yesterday was budget day and amidst all the gloom and false promises a wonderful new concept was introduced. When a car owner scraps a car over 10 years old they will receive £2000 towards a new car, WOW!
I'm not very clever but I can see a few problems with this
1. It will not be difficult to 'con' the system

2. It helps the affluent who are in the market for a new car but not those who run old cars becaus ethey can't afford a new one

3. £2000 seems a lot but it is a small part of the list price of a large family car and certainly less than the immediate depreciation when a new car leaves the forecourt.

It will possibly mean that old bangers will be worth more!

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