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Van Scrappage Policy – is it affecting the leasing market?

| February 10, 2010 | No Comments

On 28 September 2009, the government announced plans for a further £100 million funding for the scrappage scheme. What it means is that the scheme will now be able to cover up to 400,000 vehicles.

The rules of the scheme will be unchanged except for the date of first registration in the UK, and apply only to the purchase of a new vehicle and does not extend to van leasing.

For the third month in row, during November, Citroen sold more vans under the government’s scrappage scheme than any other manufacturer.

The company sold 152 LCVs during November an impressive 26 per cent of the total number of LCVs sold through scrappage.

It sold 548 vans during September, October and November through the scrappage scheme – 25.7% of the total number.

There have been 825 registrations from Citroen under the scrappage scheme since it was launched in the spring.

Citroen’s Commercial Vehicle Operations Manager Robert Handyside said: “Many UK businesses, with older vehicles, have been only too willing to upgrade to a modern.”

Figures released in September named Citroen as the number one choice for new van buyers.

One in ten vans sold during the month was made by Citroen. There have been 2,876 registrations in all, with the split fairly equal between the Dispatch, Nemo and Relay van mode.

Find and contact you nearest dealer to see if they have joined the government’s vehicle discount scheme. You will be checked to see that the vehicle that you have and the one in which you wish to invest in, match the rules of the scheme. When you have agreed a sale, the dealer will take over the paperwork and coordinate the scrapping of your old vehicle.

Find out more information by seeing how we can help you organisation with our great commercial vehicle leasing offers. mercedes van leasing and Volkswagen van leasing are just some of the options out there to choose from.

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