Mitsubishi extends scrappage savings
* Younger trade-ins eligible * Five to 10 year-old cars qualify * Low-deposit, low-interest finance also available...
Mitsubishi has launched its own 'scrappage' scheme aimed at buyers with younger cars to trade in.
The company has already signed up to the Government's scrappage scheme for cars over 10 years old. The new initiative offers the same 2000 saving to buyers with cars between five and 10 years old (registered between 31st August 1999 and 31st August 2004).
Mitsubishi Motors' UK director of sales and marketing, Toby Marshall, said: 'Over 21% of our dealers' May orders have come through the Government's scrappage scheme.
'To help maximise this momentum, we have decided to launch our own scheme, which means a customer can bring in a car as young as five years old to any participating Mitsubishi dealer.'
However owners should check the value of their car before trading it in, to make sure that it isn't worth more than the 2000 scrappage allowance. If it is, you could get a better deal by selling it privately.
Cars traded in through Mitsubishi's scheme are not necessarily scrapped. They could be sold on depending on their second-hand value.
Mitsubishi is also offering finance packages with deposits as low as 10% and interest at 0% in a bid to tempt more buyers through showroom doors.