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!
Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts
Thursday, 23 April 2009
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