New gov scrappage grant of 8500

Order ASAP

What makes you think telling a dealer you would like to take delivery of a car in July would somehow make you ineligible for the grant? Dealers are already securing cars for customers to purchase in July.

Seems like the €10 million budget for this scheme is also to cover the existing €3,500 SEAI grant. So it seems that instead of 2000 scrapage grants available there are actually less than 1200

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Regarding these EU fines- who exactly is going to make Ireland pay these fines and what happens if we don’t pay them?
Does our credit rating get reduced from AA+?

I presently drive a 202 Kia Optima (platinum) with just under 170k km. My husband has a 02 Toyota Yaris that he bought a few years ago as a runaround when his own car needed repairs. It is worthless and I have been onto him to get rid of it from the driveway! Afaik Yaris is eligible for scheme. NCT expired mid feb. Car is presently not insured or taxed but can backdate tax and insure again now, though this will leave a gap in insurance cover. Thinking of using it to buy a Kia EV3 long range or EV4 (if can afford). Our 3 kids are 15, 17 and 19 now. Eldest has her own car and next one is buying this summer so don’t need as much room as all previous cars. Had parked idea of changing cars as college beckoning for all 3 and felt it would be too much expense. But thinking we should probably go for this and hopefully sell my Optima privately. Any thoughts?

In theory the nations who've met their targets get to 'sell' their spare credits to the nations who've failed to meet their targets and are debtors.

But the problem with that is as things currently stand there will be nowhere near enough credits to be sold - because only 7 of the 27 EU countries are on track to meet their targets, and they're only smaller countries - Bulgaria, Croatia, Czechia, Denmark, Greece, and Portugal.

Germany by themselves would require all of the credits projected to be available for missing their targets, nevermind the rest of the EU. So the fines scheme just simply mathematically won't work as things stand.

And thats also ignoring the financial/political issues - theres no way a German government is going to tell its taxpayers its paying out €300bn+ in fines, at a time of increasing taxes and reducing public services. Its completely politically impossible. And that applies to all of the debtor countries. Who together will have enough sway in the EU to get things changed.

Thats why its extremely likely the goalposts just get moved down the road to 2035 or 2040. Politicians will blame the need to re-arm Europe against Russia, or covid, or anything else that comes to mind.

You'd need to adjust the fines ratio down to about 1/30th (or less) of whats currently available to be mathematically viable. And to do that you'd need to re-legislate everything, and get buy-in from across the EU all over again.

And the political/financial issue would still apply, even at that reduced level - would politicians be willing to tell their voters they're going to soon pay billions of euros in fines, voluntarily, for no good reason?

It was a very different political landscape when agreeing to this system. The goals were a decade+ away, the goals in theory could be bet, and the green agenda was far more popular at the time politically. All of that has now changed significantly.

And theres no way to bring external credits into the marketplace, no. The slightly naive belief at the time the system was created was that only a small minority of EU counties would be laggards who wouldn't meet their goals, so we'd actually have a massive surplus of credits.

Incorrect

If the Yaris is neither taxed nor insured, and presumably not being driven, then why do you need a new car?

Yes, exactly. Was bought for very little and is now just sitting there unused and unwanted. It is worthless. I was considering trading in my Optima last year but decided not to. Thinking scrapping the Yaris and selling my Optima privately is the most affordable way for me to upgrade car. Also have solar panels and batteries at home also so electric is probably the way to go.

indeed, if it has expired it has to have expired no more than 6 months previous

The point of the grant is to take a 13+ year old car off the road, hence why the NCT can only be out of date by 6 months. A car parked up for the last number of years likely isn't eligible unless it has recently (last 1.5 years) passed it's NCT