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More taxes down the pan

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Itchy
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PostPosted: 23:35 - 13 Mar 2009    Post subject: More taxes down the pan Reply with quote

I'm glad I don't pay taxes anymore (unemployed)...

https://www.timesonline.co.uk/tol/news/politics/article5904540.ece

I mean wtf? , plans to give a minimum £2000 trade in for used cars over 9 years old, this isn't what I pay taxes for!.

If the car industry cannot survive on its own accord it should DIE like any other business.


Printy printy? to finance this? , no wonder Ford put their prices up recently Rolling Eyes
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WildGoose
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PostPosted: 23:43 - 13 Mar 2009    Post subject: Reply with quote

Nowt to do with the car industry, just a neat sideline to hide behind.

Sounds like a further ploy to remove older cars from our roads. I really love old cars.

You know the ones that can't be touched for emissions and draconian pedestrian safety regulations.

Get everyone driving soulness euro Ncap post 2001 cars and you are at their mercy for being taxed up the yin yang.

100% agreed that this isnt what our taxes are for.
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igiyf
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PostPosted: 00:01 - 14 Mar 2009    Post subject: Reply with quote

Quote:
I really love old cars.


Cool
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owdamer
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PostPosted: 18:44 - 15 Mar 2009    Post subject: Reply with quote

Is this any different to the car supermarkets giving you a minumum £1k trade in for ANY car when you buy a used car off them?
To qualify for a £2k trade in for your used car you will no doubt have to pay full retail price so you'll probably end up paying a damn site more than if you just scrapped your old car and walked into the dealers with cash.
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Itchy
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PostPosted: 18:49 - 15 Mar 2009    Post subject: Reply with quote

Owdamer wrote:
Is this any different to the car supermarkets giving you a minumum £1k trade in for ANY car when you buy a used car off them?
To qualify for a £2k trade in for your used car you will no doubt have to pay full retail price so you'll probably end up paying a damn site more than if you just scrapped your old car and walked into the dealers with cash.


The difference is that when you trade in a min of 1K at a dealers , the dealer takes the hit if you bring a car in a terrible condition, kind of like that VW gold my sister bought to a car place in the 90s which the bottom of the engine had fallen out.

But with this scheme the tax payer takes the hit.
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aaronb74
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PostPosted: 19:25 - 15 Mar 2009    Post subject: Reply with quote

Maybe I'm just being short-sighted but, most people I know who own a car that's more than nine years old (particularly the ones with cars worth less than £2,000) couldn't really afford to buy a new/1-year-old car even with the £2k discount. A huge number of older cars are still worth a lot more than £2k so, I don't see it being of benefit to many people at all.

Either way, I can honestly say I'm not tempted to part with my very reliable, low mileage (under 50k) 14 year old BMW 328 and replace it with some silly little lawnmower-engined ecobox made of plastic and cardboard. I have other plans for my savings right now.

If the government wants my car off the road they can suck my *%!$.

It wouldn't surprise if next they put something in the MOT to make it harder for older cars to be passed.

On a positive note though, if you're thinking of buying a new car in the next year, it might be worth picking up a £200 banger from the paper/local garage trade-ins section, SORN'ing it and leaving it in your drive/garage/garden, etc... Evil or Very Mad
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owdamer
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PostPosted: 20:52 - 15 Mar 2009    Post subject: Reply with quote

aaronb74 wrote:
Maybe I'm just being short-sighted but, most people I know who own a car that's more than nine years old (particularly the ones with cars worth less than £2,000) couldn't really afford to buy a new/1-year-old car even with the £2k discount. A huge number of older cars are still worth a lot more than £2k so, I don't see it being of benefit to many people at all.



I traded my nine year old car in last april. It was a 1999 mondeo estate 1.8glx. I got £500 px against an 04 focus 2.0 ghia.
Under these new proposals i would have got £2k trade in, but I would then need to find £15,845 to buy a basic modeo estate, or £11,345 for a basic focus.
If I had that sort of money would I be driving about in a 9 year old car? Somehow i dont think so. Most people will either sell private or take their old car to a a used car dealer who will take their old car off their hands as a trade in and save them the hassle of selling it themselves. Chances are the dealer is going to be more interested in getting you to buy a car you can't really afford on a finance deal.
How long before the government make it mandatory to scrap cars at 9 years or face a stiffer mot test....
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