The scrappage scheme has save thousands of jobs and thousands of companies from going under. Well that is what we forever seem to hear from the media all around the world, but things are not always as they seem and there has been a few people that have missed out. So lets take a look at the winners and the losers of the scrappage system.
The Public
Everyone is celebrating the governments around the world, simply about the way that they saved the public cash on new vehicles. But its a deal that you could have truly got from the dealers and maybe an even better one as they look to shift vehicles during the economic crisis.
Earth
We all acknowledge that we are damaging the planet a vast quantity and most of this is caused by old cars that are not eco friendly. By simply trading in your old car for a new one you are helping to save the environment as newer vehicles emit much less CO2.
Now let us take a look at the more negative
Luxury Cars
The scrappage system has been brilliant for cars such as ford or Honda. But for some of the more higher end vehicles like a Ferrari for example are still missing out, this is mainly due down to the fact that £2000 is not going to assist if people are paying triple figures for a vehicle.
Used Car Market
Used car salesmen that I have come across are literally fuming, simply because of the fact that they have lost a high percentage of the used cars market because of the scrappage scheme. I mean who would realistically want to purchase a used car when they can purchase a new car for around the same price.