In the not so distant past, there were no official scrappage schemes on offer in the UK. Then, in the space of a week or two, almost all the big marques launched scrappage or trade-in schemes at once. With different manufacturers offering different scrappage scheme deals on different models, things can get confusing for car buyers.
The crux of these scrappage deals is to remove the older, more polluting vehicles which were designed to meet older emission standards (Euro 4 and below) from UK roads. However, you would be foolish to think that the brains behind each scrappage offer are not hoping the incentives lead to an increase sales figures. The UK car market is suffering for a number of reasons, and wrapped in an attractive, environmentally friendly bag, the scrappage schemes are partly aimed at easing the problem.
Ford reckons taking all 19 million (estimated) pre-Euro 5 cars off the road in the UK, would reduce CO2 emission by as much as 15 million tonnes per year while also reducing NOx and particulate emissions. Andy Barratt, chairman and MD of Ford of Britain, said: “Removing the most polluting vehicles will have the most immediate positive effect on air quality, and this Ford scrappage scheme aims to do just that.” Its scheme is amongst those which promises to crush each vehicle that is traded in. In contrast, the likes of BMW, Hyundai, Mercedes and Vauxhall, are offering similar financial benefits to Ford, but will not be crushing every vehicle.
Therefore, so you can understand whether you really are having a positive impact on the environment, rather than just getting a bit of a deal on a new car, we’ve created this summary. Depending on what you are planning to trade in for, the savings available range from £2,000 to £10,000, so read on below to find out whether you can do the environment a favour and get yourself some new wheels.
UK scrappage scheme round-up
Audi
Audi’s scheme differs in that the scrappage offer replaces any and all other purchase incentives. Owners trading in their old Euro 1 to Euro 4 diesels that were registered before 2010 receive a scrappage contribution of between £2,000 and £8,000 towards a new Audi. The discounts are allocated on a sliding scale, with smaller amounts applied to smaller models. Those trading in for a new Q2 or an A1 are given incentives of £2,000 and £2,800 respectively, while those trading in for a Q7 e-tron get £8,000 for their old car.
BMW
BMW’s trade-in scheme only covers older diesels. Those trading in any pre-Euro 5 diesel car, regardless of brand, will get £2,000 off the cost of a new BMW or MINI emitting less than 130g/km of CO2. Models from BMW’s i range and the MINI Countryman PHEV are also eligible, with the discount coming on top of the current Government plug-in car grant. BMW says buyers will also receive a fair trade-in price for their old vehicle. The scheme runs until the end of 2017
Ford
Ford will offer a £2,000 reduction on the list price of a new model when trading in your old bucket of bolts, provided it is a pre-Euro 5 car registered before 31 December 2009. The scheme will run from 1 September until 31 December and every car traded in will be crushed.
Hyundai
Drivers trading in their old Euro 1 to Euro 4 petrol or diesel vehicles can benefit from discounts of up to £5,000 on a new Hyundai. Euro 1 to Euro 3 models will be scrapped, while Euro 4 vehicles will be sold on by dealers. The biggest savings are to be made on a new Santa Fe, with £5,000 off the list price. Buyers opting for smaller models like the i10 will still benefit from a £1,500 bonus. The offer runs until the end of the year.
Kia
Kia is offering a £2,000 flat fee to drivers trading in their old car for a new Picanto or Rio. The scheme is already available at Kia dealers across the UK and runs until December 2017. Cars traded in must be more than seven years old, and the £2,000 flat fee is in lieu of other Kia incentives offered. The deal requires no special measures by owners; as long as the owner details of the old vehicle match that of the new vehicle, the £2,000 bonus is guaranteed. All vehicles traded in will be scrapped through regulated sites.
Mercedes
Mercedes will knock £2,000 off a new low-emission car until the end of the year when owners trade in a Euro 1 to Euro 4 diesel model. But you won’t be able to buy a petrol vehicle because the deal only applies to hybrids and new diesels. Those who trade in for a Smart Electric Drive model will get a £1,000 discount. In addition to these bonuses, buyers part-exchanging cars from Euro 1 to Euro 3 will receive extra compensation, too, as these vehicles will be scrapped.
Nissan
Nissan’s Switch Scheme runs from 1 to 30 September 2017 and applies to owners of cars and vans with pre-Euro 5 engines. The company is offering up to £2,000 in scrappage support on top of the trade-in value and existing discounts on new vehicles. Nissan says drivers can earn up to £5,000 towards a new model such as the X-Trail when trading in their old car. Those looking to switch to an all-electric vehicle are given £2,000 on top of the vehicle trade-in value towards an approved-used Nissan Leaf 24kWh.
Renault
Euro 4 vehicles or older that have been owned by the current keeper for at least 90 days are eligible for Renault’s scrappage scheme. Renault’s offers last only until the end of September. The firm is offering a flat £2,000 scrappage fee on top of existing discounts, meaning buyers can save up to £7,000 on new vans such as the Master Van and £5,200 on cars such as the Kadjar. There aren’t any scrappage incentives towards the electric ZOE, because a separate £5,000 allowance already exists on top of the OLEV grant.
SEAT
SEAT’s scrappage scheme applies only to Euro 1 to Euro 4 diesels. The scheme runs until the end of the year and drivers will have had to own the vehicle for at least six months. Those trading in their old diesels can receive up to £3,500 towards a new SEAT. As with Audi, the scrappage incentives can’t be used in conjunction with other offers. Those trading in for a new Mii will save £1,500, while larger models such as the Leon will increase the savings up to £3,500. The latest Ibiza comes with a £2,500 incentive.
Skoda
Pre-Euro 5 diesel owners who have owned their car for at least six months can receive incentives of up to £4,000 towards a new Skoda. Orders have to be placed before 31 December this year, with all vehicles handed to dealers crushed. In return, drivers get £1,500 off new cars such as the Citigo, and £2,500 off models such as the Fabia. For larger cars, including the Rapid and Octavia, Skoda is offering incentives of £3,000 and £3,500, while Superb and Yeti buyers get £4,000 and £3,500 off.
Toyota
Owners of vehicles older than seven years that they’ve had for at least six months qualify for Toyota’s scrappage scheme. In return for their old car, the company is offering £1,000 towards new models such as the C-HR, and £2,000 on models such as the Prius and Hilux. Those who opt for larger vehicles, such as the RAV4, can enjoy savings of £3,500, while anyone who opts for the latest Land Cruiser will be handed a £4,000 discount. Toyota’s scheme runs until the end of the year, with all cars scrapped by Autogreen.
Vauxhall
When it comes to scrappage schemes, Vauxhall has form, after running similar promotions in 2015 and 2016. Now the brand is offering a minimum £2,000 part-exchange guarantee on any car. There are conditions, though. You can only use the cash to buy a new Adam, Corsa, Meriva, Astra or Mokka X and you must have owned the car for 90 days before trade-in. Unlike the other firms offering scrappage deals, this scheme will only run while new car stocks last.
Volkswagen
VW announced a diesel scrappage scheme in Germany last month. There’s now a UK one running until the end of 2017. Owners of Euro 4 or older diesels quality and can receive discounts of up to £6,000 towards a new VW. For instance, £1,800 is shaved off the price of a new up!, while many of the firm’s mid-size and larger cars receive discounts ranging from £4,000 to £6,000. Those trading in for hybrids and EV’s get existing Government OLEV grants, bringing total savings of up to £10,000 on models such as the e-Golf.
Well that's all folks, but with governments across the world pledging to ban new internal combustion car sales before the end of the century, and manufacturer after manufacturer announcing future electrification plans, it would be safe to assume these will not be the last scrappage schemes we be seeing.
Will you be taking advantage of these extra savings? Let us know in the comments below.
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