Several manufacturers have confirmed that their dealers will be taking part in the Government scrappage scheme.
It has been confirmed that if a manufacturer is taking part in the scheme, they must offer their entire model range, they cannot pick and choose what models to offer.
Some manufacturers have indicated they will put additional incentives onto certain models to make them even more attractive to buyers.
Here is a list of manufacturers that have confirmed that they will be taking part:
Full range available. It is asking interested customers to register at its website and will update them with more information when it's available.
BMW is supporting the scheme across its range, and is marketing with an offer of an extra £1,260 dealer deposit contribution towards a new 116i Sport with BMW Select finance.
In addition to the scrappage scheme across its entire range, Citroen is offering customers a guaranteed trade-in of £1,000 for cars registered between 1st January 2000 and 31st December 2002 and £750 to customers with a car registered between 1st January 2003 and 31st December 2004. There is no obligation to scrap these vehicles.
Fiat will take part in the scheme and has already announced that it will be matching the Government’s £1,000 on its Panda Active Eco with £1,100. Customers can pay a no deposit four year finance deal at 6.5% APR to pay for it.
The scheme will be available across Ford's entire range of vehicles.
Based on the information available so far, Ford plans to boost the potential of the Government's vehicle scrappage scheme with the addition of supplementary discounts on all its larger cars, which together represent savings of up to £4,500 on a new Ford Mondeo, for example.
Called "Scrappage Plus" - the discounts will be available over and above the Government and industry's shared £2,000 subsidy. They start at an additional £1,250 for a Ford Fusion and extend to £3,000 for a Ford Galaxy.
Nigel Sharp, Ford of Britain managing director, said: "We look forward to receiving full details of the programme and working with dealers to make the most of the scheme for our customers."
Hyundai’s managing director Tony Whitehorn said: “Although we had hoped for a £2,000 contribution from the Government, £1,000 will help drive business through our doors at this time of recession."
Kia will support the scrappage scheme, and has asked dealers to take orders now under the new scrappage scheme.
Mitsubishi’s full range will be available.
The full Mercedes-Benz range will be on offer to scrappage scheme customers.
Nissan will be taking part in the scheme which will see all of its models made available. However, Nissan is also extending the £2,000 minimum trade-in offer to models aged 8-10 years old for any customer choosing one of the car maker’s British built range – that includes any new Micra, Note, Qashqai or Qashqai+2.
Peugeot is participating in the scrappage scheme but is asking customers to make their interest known via its website. While it's not yet clear which models will qualify, a 107 is featured in its scrappage scheme marketing in the newspapers today.
Full range available.
Renault will be offering the scrappage scheme. It plans to offer even greater incentives on its new car and van ranges than just the £2,000 outlined in the scheme. Twingo, Clio, New Kangoo and the new Megane, plus its LCV ranges will feature in the offer.
Full range available.
Suzuki will be participating in the scrappage scheme but is still awaiting the full details before providing more information.
Toyota will take part but is waiting for more information on the scheme.
Vauxhall is right behind the scheme but is waiting for further details. Customers are being directed to its website http://www.governmentscrappageprogramme.co.uk.
Customers can use the scrappage scheme on any new Volvo and can get an additional deposit contribution if the customer buys the car on manufacturer finance. For example, on a C30 Drive S Volvo - the customer will get an extra £2,027 on top of the £1,000 from the Government and £1,000 from Volvo.Hyundai has said it will meet the £1,000 that the Government is putting up for scrappage.
VW has welcomed the initiative and intends to participate in the scheme. Exact details of VW’s participation in the scheme will be announced to potential customers in due course.
In the meantime, buyers are being encouraged to register their interest in purchasing a new VW with the help of the scrappage scheme at their local dealer.
Honda hasn’t decided if it will be taking part in the scheme or not and is waiting for further details. Seat is also still waiting for more details before committing. Skoda has welcomed the government’s vehicle scrappage scheme, but is yet to confirm if its whole range will be included. Perodua hasn’t decided if it wants to take part yet.
Subaru, Daihatsu and Isuzu are still waiting for full details.