Scrappage scheme brings boost for car buyers.

Towards the end of last year and over the winter, the uk car industry saw a sharp drop in sales. The sales slump was so severe, many manufacturing plants and production lines had to hours, wages and in some cases staff. The car scrappage scheme originally conceived in Germany was suggested as a solution to the problem.

The idea was if your car was older than 10 years you can scrap it and receive money of a new greener car. It seems many have seen this as an incentive as although car sales are still falling the rate at which they are falling is at its slowest rate for many months.

Generally these new scrappage customers are buying small cars and for many this is first new car. Whether this is a sign that the economy is picking up, probably won’t be known for a while but for now the car industry is certainly doing better.

So what is involved in scrapping a car?

Cars are generally taken to an authorised treatment facility and drained of harmful fluids then any recyclable materials are removed for recycling and the car is taken to be crushed for scrap metal. The owner is then given an end of life certificate or ELV. If you are interested or need to scrap your car then contact Megavaux for more information.