Labour East Midlands

New figures reveal scheme success here in the East Midlands

New figures released today show that the Labour Government’s Car Srappage Scheme has been a huge success here in the East Midlands. Since its introduction in April 2009, 15,980 new cars have been bought from local dealerships under the scheme. 

Phil Hope, Labour’s Regional Minister for the East Midlands said: "I am delighted that many local dealerships here in the East Midlands have benefited from the scrappage scheme and that thousands of local people have had the opportunity to trade in their old car for a new, safer and more environmentally friendly model. 

"In stark contrast to the Tories, Labour is committed to helping people through these difficult times. We know how important it is to keep the economy moving when times are tough and the scrappage scheme is doing just that." 

The scheme was introduced by the Chancellor in the Budget in April 2009 in a bid to provide a boost to local car dealerships during the recession by offering people £2,000 off the purchase price of a new car when trading in their old car which is over 10 years old. It proved to be so popular that it was extended with a further £100m funding in September 2009.