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Scrappage deals-can you buy a €100 car & use that?

  • 09-02-2016 2:52pm
    #1
    Registered Users, Registered Users 2 Posts: 8,214 ✭✭✭


    Hi,
    Just curious on scrappage schemes- is there anything from stopping you buying the cheapest car you can find & using that in the scheme?

    All t&cs just mention about road worthiness, NCT etc.

    Qualifying trade-in vehicles must be registered in the Republic of Ireland for at least 6 months previous to date of trade in. Qualifying vehicles must have valid NCT/DOE and road tax certificates. Must be insured for use on the road for at least three months in the 18 months prior to trade-in. This is a mutually exclusive offer and no other offer applies. The offer is limited and may be withdrawn at any time at Nissan Ireland’s discretion. Scrappage finance is a no deposit finance package available over 4 years - Speak to our Business Manager for more details.

    Cheers,
    Pa.


Comments

  • Registered Users, Registered Users 2 Posts: 40,797 ✭✭✭✭ohnonotgmail


    If you can buy a car for €100 with an NCT you are doing very well.


  • Registered Users, Registered Users 2 Posts: 9,846 ✭✭✭Moneymaker


    If you can buy a car for €100 with an NCT you are doing very well.

    Not unheard of to get one for 200-300. 100? I'd like to see that.


  • Registered Users, Registered Users 2 Posts: 9,454 ✭✭✭mloc123


    Most scappage deals have a clause that says you must own the car for 6months before trading it in to scrap.


  • Registered Users, Registered Users 2 Posts: 40,797 ✭✭✭✭ohnonotgmail


    Moneymaker wrote: »
    Not unheard of to get one for 200-300. 100? I'd like to see that.

    and then try to get it insured given insurance companies reluctance to insure anything over 10 years old.


  • Closed Accounts Posts: 2,880 ✭✭✭shietpilot


    and then try to get it insured given insurance companies reluctance to insure anything over 10 years old.

    It wouldn't be hard. They might ask you to pay a couple of hundred due to a car change mid-policy but if you change back to a brand new car a few days later then they will refund most of the money you paid to switch to the old car ;)


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  • Closed Accounts Posts: 1,923 ✭✭✭To Elland Back


    Bought a new Hyundai last week, using my Audi of 14 years for scrappage. Their website had loads of T&Cs but the salesman didn't give a flying fluck. When I asked him if he wanted to see my car, he replied "if it got you here it will do". I signed a declaration that it wasn't previously a write off but that was it. Got €4k off the tag price


  • Registered Users, Registered Users 2 Posts: 13 Joxer123


    Usually the 4k scrappage is added to the original price. You would get the new car for the same price if you attempted to buy it straight deal with no trade in. It is a sales technique that main dealers use.


  • Closed Accounts Posts: 1,923 ✭✭✭To Elland Back


    Joxer123 wrote: »
    Usually the 4k scrappage is added to the original price. You would get the new car for the same price if you attempted to buy it straight deal with no trade in. It is a sales technique that main dealers use.

    Well I paid €16,450 for a new Hyundai i30 and I'll take that any day of the week, my 1999 Audi wasn't worth €600


  • Closed Accounts Posts: 12,102 ✭✭✭✭Drummerboy08


    Joxer123 wrote: »
    Usually the 4k scrappage is added to the original price. You would get the new car for the same price if you attempted to buy it straight deal with no trade in. It is a sales technique that main dealers use.

    Is it?! So a normally 20k car magically becomes 24k?! Don't think so.

    These schemes are backed by the manufacturer/distributor themselves and they cover much of the 4k allowance.

    I'd imagine once it runs drives and is tested then nobody really cares once they can sell a new car out of it.


  • Registered Users, Registered Users 2 Posts: 85,541 ✭✭✭✭Atlantic Dawn
    GDY151


    It's all dealer/manufacturer dependent, there's no official scrappage system sponsored by the government, some people assume when they see scrappage it's all official.


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  • Registered Users, Registered Users 2 Posts: 4,866 ✭✭✭fancy pigeon


    If you can buy a car for €100 with an NCT you are doing very well.

    I know a fella whom bought a Polo with fresh NCT for a year at the time for €100. Still has it too


  • Registered Users, Registered Users 2 Posts: 336 ✭✭FrontDoor


    4000 with a valid banger to trade in off a new Tuscon.

    1600 off for cash price.

    I'm not sure what is in it for the manufacturers to be honest, or why they won't match the deal with cash.


  • Registered Users, Registered Users 2 Posts: 51,480 ✭✭✭✭bazz26


    Subsidizing it for market share.


  • Registered Users, Registered Users 2 Posts: 161 ✭✭vistaphotos


    dinneenp wrote: »
    Hi,
    Just curious on scrappage schemes- is there anything from stopping you buying the cheapest car you can find & using that in the scheme?
    No. Very much down to the dealer as has been mentioned already. Traded in a 00 Corolla for a Hyundai i30 and the dealer wasn't much interested in seeing my car when I first went looking or when I handed it over in the end. As it happens it would have met the T&C's but he never checked. Toyota garages seemed more interested in giving it the once over.

    Heard a tale of a family taking delivery of an i40, where the wife wanted to hand over her car to her son and get a new i30 for herself instead. Dealer facilitated that deal by selling her something he had out back for her to trade it back in again :) Of course you never know whether that's a tall tale.

    Main point is not to let the T&C's put you off e.g. Hyundai T&C's could leave you with the impression that you have to get finance from Hyundai, that's not the case.


  • Registered Users, Registered Users 2 Posts: 161 ✭✭vistaphotos


    bazz26 wrote: »
    Subsidizing it for market share.
    Absolutely, Hyundai #1 in January, Tucson #1 model. €4k scrappage deals running since November, extended at the end of Nov, Dec & Jan now with end date of 29/Feb. Toyota #2 in January €3k scrappage since November.


  • Registered Users, Registered Users 2 Posts: 13 Joxer123


    4000 with a valid banger to trade in off a new Tuscon.

    1600 off for cash price.

    I'm not sure what is in it for the manufacturers to be honest, or why they won't match the deal with cash.
    FrontDoor is offline Report Post

    Frontdoor
    Was the list price the same for the scrappage (4000) as for the cash price. For example they sometimes can have a list price of
    say €30,000 for the scrappage scheme and €27,600 for the cash purchase. The net effect is that both cars cost €26,000. The garage
    gets the same money for the new car and consequently does not care what state the scrappage car is in.


  • Closed Accounts Posts: 3,973 ✭✭✭Sh1tbag OToole


    Are these 'scrappage' cars actually scrapped or sold on?


  • Registered Users, Registered Users 2 Posts: 19,155 ✭✭✭✭Del2005


    Are these 'scrappage' cars actually scrapped or sold on?

    Sold on most likely, since the price of metals have dropped so far the garage would have to pay a scrapper to pick up the car.


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