Citroën UK is the latest automaker to launch a new scrappage scheme that encourages customers to replace their older cars and vans with more efficient Euro 6 models.
Customers who have owned a car or van of any make and model for more than 90 days, which was originally registered before 31 December 2010, can trade it in and receive a scrappage allowance of between GBP1,600 and GBP6,400 (incl value added tax [VAT]) off the price of some new petrol or diesel cars, and between GBP3,000 and GBP7,000 (excl VAT) against the purchase price of some new panel vans. All vehicles must be ordered and registered by 31 December 2017.
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A similar scheme for sub brand DS offers and allowance of between GBP3,500 and GBP5,500 (including VAT) off the price of some new petrol or diesel models.
All vehicles part-exchanged under the scheme will be scrapped and recycled by CarTakeBack, the PSA Group brand’s approved vehicle car recycling partner in the UK, which disposes of hazardous materials such as oil, batteries and tyres “responsibly”. Processing by CarTakeBack will ensure a DVLA Certificate of Destruction (COD) is issued for every vehicle recycled through the scheme.
The scheme cannot be used in conjunction with any other existing customer offer but retail customers will be able to benefit from dedicated Elect 3 PCP finance at 6.9% APR over 37 or 48 months. The scheme will be marketed nationally and will be available at participating dealers.
Bek Hassan, Citroën UK’s managing sirector, said: “The scheme makes it possible for many owners of older petrol and diesel vehicles to upgrade to a brand new, lower-emissions car or van.
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By GlobalData“This important new initiative is fully in line with Citroën and PSA Group commitments to develop and promote latest-generation, more efficient models for the benefit of our customers and the environment.”
