Len Boorman
Back in gainfull employme
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- Today, 09:13
- Joined
- Mar 23, 2000
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Now I know I am getting older but I must have missed something inthis scheme cos various people seem to think it is wonderful.
Let me explain
I have a 28 year old car. Had it from new, it has 48,000 miles on the clock. generally the wife drives it..... occassionally.
So if I part with it I will get £2000 minimum.
I must by a new car so lets say that is £10,000 so I only have to pay £8,000.
Hmmm think I will need a loan....... how secure is my job ?????.
When I take delivery of this new car its value drops immedialely cos it is now second hand and probably not worth the £8,000.
Now the "give away" by the government. They supply £1,000 but cos I am buying a new car they get back the car tax element.
Finally my 28 year old car is very green cos it only averages about 250 miles per year so its contribution to so called global warming is very small.
So
Where have I gone wrong in thinking that this car scheme is maybe not quite as grand as it seems.
L
Let me explain
I have a 28 year old car. Had it from new, it has 48,000 miles on the clock. generally the wife drives it..... occassionally.
So if I part with it I will get £2000 minimum.
I must by a new car so lets say that is £10,000 so I only have to pay £8,000.
Hmmm think I will need a loan....... how secure is my job ?????.
When I take delivery of this new car its value drops immedialely cos it is now second hand and probably not worth the £8,000.
Now the "give away" by the government. They supply £1,000 but cos I am buying a new car they get back the car tax element.
Finally my 28 year old car is very green cos it only averages about 250 miles per year so its contribution to so called global warming is very small.
So
Where have I gone wrong in thinking that this car scheme is maybe not quite as grand as it seems.
L