Scrappage is back courtesy of Vauxhall – the company has re-launched its allowance scheme, meaning customers can take advantage of a £2,000 trade-in against most new cars in its range.
To qualify for the scheme, customers must have owned their trade-in vehicle for a minimum of 90 days, but there’s no upper age limit for cars – and any manufacturer’s vehicle will be accepted.
Buyers can combine scrappage with other Vauxhall offers including Flexible Finance, Flexible PCP and a free insurance offer.
So young drivers could take advantage of £99 insurance – 18 to 20 year olds – for one year’s insurance on both ADAM SLAM and Corsa Limited Edition models, while those aged 21 and over could get one year’s free insurance.
It means a 21-year-old opting for scrappage, could receive £1,190 finance deposit contribution and pay £193 per month over three years for a Corsa 1.2-litre Limited Edition 3-door model, which includes one year’s free insurance and one year’s free OnStar and 4G Wi-Fi.
As part of the scheme, vehicles must be traded-in and scrapped to be eligible for the allowance.
All surrendered vehicles will be handled by Vauxhall’s official contracted end of life vehicle partner Autogreen and the offer is available across Vauxhall’s car range excluding VIVA, Corsa Sting, Sting R and ADAM JAM.
The company’s retail sales chief Leon Caruso said: “Vauxhall’s Scrappage Allowance scheme makes buying a new car even more affordable.
“Even customers who think that their current car is only worth a few pounds can now turn it into a £2,000 contribution towards the cost of a new Vauxhall – and that’s over and above any other deals they negotiate with the retailer, including free insurance on ADAM SLAM and Corsa Limited Edition.”
Drivers aged 18 to 20 could take advantage of £99 first year insurance on both ADAM SLAM and Corsa Limited Edition. On the same models, those aged 21 and over can get free insurance.
ingenie fits a black box out of sight in the car and collects data on how the car is being driven, allowing the firm to assess individual driving styles with driver feedback available via the ingenie mobile app and online.
The data is then reviewed around every ten days, providing feedback to the driver. If the young motorists drive well they could receive a return of up to £33 every three months – if they drive well, they pay less.