Scrappage Scheme In The Pipeline
Updated : Apr 3, 2009
Motorists face a Budget boost which would make it cheaper to buy a new car and get rid of their old bangers, says the Irish Independent. In what would be a massive shot in the arm for the ailing motor industry, which employs 45,000, Finance Minister Brian Lenihan has put a car scrappage scheme before his colleagues for the emergency Budget.
While it's not yet clear if the Government will proceed with the plan, the motor industry wants a scrappage scheme introduced to encourage owners of old cars to get a cash sum of €2,000 for scrapping an old car, and possibly an emissions-linked VRT reduction.
Society of the Irish Motor Industry CEO Alan Nolan claims a scrappage scheme would cost the Government nothing and could generate added revenues for the State in additional VRT and VAT as well as get people buying new cars and kick start the motor industry again.
VeryHappyPig says it’s a damn good idea…. So of course, the government won’t do it!
