A threat to the environment is posed by old cars. Ideally they should be scrapped and replaced by newer and more fuel efficient cars. That is why the government have decided to run the car scrappage scheme. If you scrap an eligible car when you buy a new one you will receive a £2,000 discount off the OTR price. Whist the idea appears great at first, we at Scrap Car Milton Keynes have spotted some pitfalls in the government’s scheme. For example, it dictates which new cars you can have in exchange for your old scrap car. Additionally, the old car you are having scrapped must meet the strict criteria set by the government. The requirements for the scheme are listed below.
The scrap car you are trading in must:
- Have a UK address on the registration certificate (also known as V5C)
- Still be insured when you purchase your new vehicle
- Have a valid tax disc when you order your new car
- Have a current MOT test certificate before date of order for the new vehicle (or within 14 days of expiry at the time of order)
- Be a small car or van weighing 3.5 tonnes or under
- Be registered in the UK on or before the 31st August 1999
- Have been registered to you continuously for 12 calendar months
- Be registered in your name with the Driver and Vehicle Licensing Agency or Driver and Vehicle Agency
So as you can see the guidelines you have to meet to scrap your car under the scrappage scheme are quite extreme. Sadly, this has lead to a lot of disappointment in Milton Keynes from people who were hoping to profit from scrapping their car.