So, is scrappage worth it? If you want something small, the chances are that scrappage will be worth more than the discounts you could get otherwise. For instance, £2000 off a Ford Fiesta, Hyundai i20 or Vauxhall Corsa is a good deal. Take it off a Fiat 500 or Mini, which dealers hardly discount at all, and it’s amazing. The same is true for real exotics such as Porsches or a Nissan GT-R.
As for other, bigger, day-to-day models, things are not as clear-cut. Our Target Prices show that you could easily get more than £2000 off more than 50% of new cars on sale if you don’t have a car to scrap. Online brokers offer even bigger savings.
Some manufacturers also offer money on top of scrappage deals, however – save up to £5000 on a Ford Galaxy, for example, so you need to compare Target Price with brokers and manufacturers’ deals to work out which is best.
As a crude rule of thumb, try haggling for our Target Price, then ask for your £2000 scrappage on top (or at least the £1000 Government portion that doesn’t cost manufacturers or dealers a bean). Depending on how much the dealer has been pressed to invest in the incentive, they may tell you where to go, but it can’t hurt to try.