New gov scrappage grant of 8500

At the moment EVs are back gaining popularity. While this grant should be welcomed it should have been introduced during the 2024 slump the country had in EV sales.

A great idea to take the older more polluting cars off the road though and it's a system that has been proven to work well for us in the past

Especially as the article suggests it will target the low-mid priced ev sector so likely the smaller cars with smaller range.

First come first served pilot scheme, all sounds very vague at the moment

Sounds good, in theory. I imagine this would only really suit those who are looking to change anyway. €8.5k off a €30k EV still leaves €21.5k so the buyer would already have to be in the mindset of changing cars to go for this. Even buying a Hyundai Inster or such would still leave someone with a more than €15k delta to make up, and in this day and age it is a lot to ask.

From reading about it this morning, the €8.5k is made up of €5k from the scrappage fund and the already existing €3.5k from the grant scheme and IIRC the "fund" will be €10 million. This will support the purchase of 2000 vehicles, which sounds like a lot. It may pull a lot of old Micra, Yaris, Fiesta, Corsa et al models off the road that are still being used to potter around the place but for those who need 7 seats and do long distance regularly, it will be a big ask to pull them into an EV.

I hope it works out though. Shame I don't have a 13 plus year old car at the moment to use as I am changing to a new EV in July and the extra €5k off would be nice 😃

Could be that it has to be currently taxed and tested, which would mean the scheme is then taking a car currently on the road off it.

As someone suggested it may need to be registered in your name for a period of time with a valid NCT. Could you get an NCT on it, or would it cost too much?

I've a 09 Honda Accord, failed NCT in April, just need's bit of work. (brakes and discs) I was planning to get to. but cash keeps getting diverted to household projects, and I've just been using a gocar the odd tie myself and wife both need a car. its out of tax, but could transfer ownership or just pay back-tax. It'll bring the price of a new polo down to 16k for me. which would be handy as i have daughter about to turn 17 in August

Only for petrol or diesel cars, according to the report.

I better get it NCT’d so!

Don't do anything yet. Changing ownership could be an issue, as there may be a rule as to how long you've owned the car. To stop people buying old cars with tax/nct to qualify.

Now after typing that. If there is no limit on ownership time, nct or tax watch the price of scrapper rise on donedeal and marketplace in the next few weeks.

Also I wonder how it would work in your case where the car to be scrapped is in your name, but you need the car you buy to be in your daughters name for insurance. Can you buy the new car in your name and then change ownership of the new car straight away.

i'd keep it my name as i'd be the main driver, but i don't huge miles in that car, we have an ID 4 as our main driver

Agree with you there and how much a car is actually used will play a big part in how much it pollutes. If it ends up replacing cheap low mileage 2nd car runabouts it won’t be worth it.

Hopefully the grand doesn’t encourage people to unnecessarily increase their personal debt for what they see as free money. I assume you have to buy a new EV to avail of this grant?

Our main family car is a 2014 diesel, was thinking of changing it next year. Will this scheme run until then ?

Anyone know how a car qualifies, does it go by NCT date ?

2 older cars that i use as backup. One second car, one backup to the backup. Both 20 yrs old.

Wouldnt be partial to scrapping either but perhaps one later in the year. Should be space on this funding for 2000 regs which is a lot for such a targeted initial measure.