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Hatch catch
I am interested in trading in my 12 year old car under the scrappage scheme for a small hatch under £10k but understand that some motor manufacturers have significantly increased their prices since the scrappage scheme was announced. I can understand that there may be need for some small increase but not the £2,000 that some have reported. Do you have any details?
Asked on 23 January 2010 by J.D., via e-mail
Answered by
Honest John
Sterling remains stubbornly down about 30% on the Euro compared to two years ago. It's also down about 40% against the Japanese Yen. During that time UK car prices have risen by between 10% and 15%. They still have 15% to go. By now there may not be any more scrappage money left, so check before ordering.
Tags:
buying
scrappage scheme
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Dear Honest John,
Please help me choose my next car. I would like it to have:
Please help me choose my next car. I would like it to have:
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