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In
2009's Budget, the Chancellor, Alistair Darling, MAC Eyeshadow announced a new ‘car scrappage' scheme designed to encourage motorists to
buy new cars. The scheme started on the 18th May and is available to the first
300,000 eligible claimants or until the end of February 2010, depending on
which comes first. The incentive works by the Government and a number of new
car manufacturers offering £2000
towards the cost of a new vehicle.
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must have been registered on or before the 31st August 1999 and be a small car
or van, weighing up to 3,500 kg.
In addition, it must have a current tax disc or an MOT certificate and a
registration certificate that bears the same address that the new vehicle will
have. The vehicles to be bought under this scheme also have to comply with a
number of strictures: it too must be a small van or car, weighing up to 3,500 kg. It must also be registered in the UK on
after the 19th May 2009 and it must be declared as new at its first
registration, i.e. it must have no former owners.
In
the first 4 weeks since the scheme was brought into play, Mac Cosmetics Bags the
Newcastle Benfield Motor Group has reported a rise in weekly sales of up to
40%. This translates as orders for 60,000 new cars and vans. Before the scheme
was introduced, the same dealership reported consistent falls of new car-sales
of up to 10%. The scheme has worked for large businesses too, such as Nissan
who announced that they would be recruiting a further 100 staff to help them
achieve their target of 18,000 new cars and vans through June and September.
The ripple-effect of the scheme for small businesses is easy to see: where new
cars and vans might have seemed previously unaffordable, given the current
economic climate, the ‘cash back' incentive can suddenly make a new car or van
much more achievable which, in turn helps to regenerate the economy. But are there
further benefits for those buying new vehicles, such as cheap car or van
insurance?
Insurers
tend to look at new vehicles with a jaundiced eye; Toms Leopard Shoes a new van, for example, might be driven at
greater speeds because it offers a more powerful engine. However, with a good
driving history and a track record of always paying your commercial van
insurance on time, those looking to take advantage of the scrappage scheme may
be able to find cheap van insurance. Of course, the best method is always to
shop around but, by adhering to certain steps, such as enhancing your vehicles
security, paying your premiums annually and in full and parking in a garage at
night, van-drivers can have their diligence rewarded through cheap van
insurance.
The
scrappage scheme has just under a year to run before we are able to fully
appraise its success, Nike Air Jordan Men but
the early signs are that it offers a good deal for drivers and, in turn, a good
deal for small businesses which can only help the economic tide to turn..
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