Vans are the latest vehicle to be considered for the UK governments buy-back deal that at the moment only applies to used cars. At the moment if you own a car that is over 9 years old, the government will pay you £1000 and scrap it for free. If you go on to purchase a brand new car, you can pick up a lovely £1000 from the manufacturer. The theory behind this is that it will not only remove unsafe cars from Britain’s roads but also help stimulate the new car markets.The first set of results from the scheme are looking positive, with initial indications showing a 9.5% increase on last year for sales of new cars.
the positive signs from the new cars markets have not gone unnoticed by the government and it is no surprise that they have been thinking about rolling out the same concept for vans. The van industry is suffering much the same as the new car market, with construction industries gearing down and more companies choosing to lease vans rather than buy. In much the same way as the car deal, van owners could pick up £1K if they decide to get rid of the 9+ year old van. There would then be another incentive, which is yet to be agreed by van manufacturers, to purchase a new van rather than take a Vauxhall van leasing offer for example
A number of van manufacturers such as Ford, Renault and Iveco have given their support already and agreed they would back the proposal. Ford’s spokesman Tim Miles said “anything that boosts the van market and helps keep people in their jobs can only be a good thing”. He went on to say that ford van leasing is a big business for them but they would still prefer people buy new. There are numerous features that benefit safety in news van that were not found in vans of old. If people invested in a new van then the amount of serious injuries on the road would decrease dramatically.
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