Jan 28 2010

Van Scrappage Policy – is it affecting the leasing market?

Category: UncategorizedAdmin @ 12:35 pm

The government announced on the 28 September 2009, a further £100 million investment for the scrappage scheme. This means that the scheme will now cover up to 400,000 vehicles.

The scheme rules will be unchanged except for the date of the first registration in this country, applying only to the purchasing of a new vehicle, whilst not extending to cheap van leasing.

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

Sales of LCVs were 152 for the company during November – an amazing 26% of the total number of LCVs sold through the scrappage scheme.

It sold a total of 548 vans over September, October and November via the 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.

Robert Handyside, Commercial Vehicle Operations Manager for Citroen, said: “Many UK companies, with older vehicles, have been very 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 were made by Citroen during the month. There were a total of 2,876 registrations.

Find and contact you nearest dealer to see if they have joined the government’s vehicle discount scheme. They will check that your vehicle and the new vehicle you want to buy both meet the rules of the scheme. When the sale is agreed, the dealer will sort out the paperwork and arrange for your vehicle to be scrapped.

To know more information, see how we can help your company with our special commercial vehicle leasing deals. Citroen van leasing and Volkswagen van leasing are just some of the options out there to choose from.

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