Understand the Automated Waste Scheme

A silver lining on the cloud of the credit crunch is that for those who can afford it, there has never been a better time to buy a car. The engine manufacturers have lowered prices and the government has now launched a waste plan with the British car industry that will make it more affordable.

The scheme gives a £2,000 discount on the cost of the new car if the buyer also removes a vehicle that is at least ten years old. It’s not that simple, though, as there are other conditions that must be met in order to qualify for a download scheme.

First, the vehicle you want to buy must:

• a car or van with a maximum weight of 3.5 tons
• First recorded on or after 18 May 2009 and manufactured to UK specifications
• just don’t have a former guard
• Second, the vehicle you are considering trade-in must:

Registered in your name with the DVLA (Driver Vehicle Licensing Agency) and therefore at least 12 months before the new order date of the vehicle.

Be registered at a UK address before or before 31 August 1999

Have the latest MOT certificate before ordering a new vehicle

Of course, as tempting as it may be to upgrade your Skrotpræmie from an old banger, one important thing to consider is that comprehensive auto insurance will likely cost more. So if you are considering making use of the car relocation program of the national government, it is important that you compare the car insurance quotes first, otherwise, you may be faced with surprises when you have to pay your premium!

While most of the factors influencing the premium setting

Related to the driver and where to park the car, there are other factors related to the vehicle itself, most notably its value. The more expensive the car, the higher the replacement costs, and the higher the potential financial loss that the insurance company has to bear. And that must be covered by higher premiums.

To get the fastest and often the best auto insurance quote, it can be a good idea to compare auto insurance quotes from comparison websites, but make sure they are reliable. Make sure that you not only ask your current insurance company for an extension but also get as many quotes as possible. After all, it makes no sense to use a new discount scheme if you end up in a new car where you pay more for insurance.

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