Manufacturers launch scrappage schemes in time for plate change
Manufacturers including Renault-Nissan, Toyota and VW have become the latest to launch scrappage schemes intended to tempt buyers to new, less-polluting vehicles.
Launched as the new ’67’ plate is introduced, the schemes for retail buyers include incentives from the VW Group, which offers incentives of up to £8k, depending on the brand/model, on the purchase of latest Euro 6 models, on top of existing retail offers. The scheme is available to owners of pre-Euro 5 diesel vehicles registered before 2010 for new vehicles ordered by 31 December 2017.
Meanwhile Renault’s scheme provides a scrappage allowance of £2k for Euro 4 vehicles registered by 31 December 2009, giving an overall incentive of between £3k and £7k towards the purchase of a new Renault car or van. Twingo, Z.E. electric vehicles and the new Koleos are excluded from the scheme.
Toyota is offering up to £4k off new purchases for motorists with vehicles more than seven years old, while Kia and Nissan have also announced schemes on car models.
The latest launches follow Ford’s and Hyundai’s announcements last week of scrappage schemes and similar announcements by BMW and Mercedes-Benz while Vauxhall has also renewed its long-running part-exchange programme in time for the new plate launch.