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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.

VW scrappage scheme
Volkswagen Commercial Vehicles’ scheme offers Incentives of up to £2k, on top of existing retail offers.

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.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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