Here we go again.
Why will these people never learn that in every case all these scrappage subsidy schemes simply pass straight through the hands of the 'consumer' into the hands of whatever producer is at the end of the chain.
In this case a secondary effect is to reduce the supply of used cars hence forcing up prices. Which would also deal with the possible low resale values of all those cars on PCP schemes landing on the balance sheets of the car companies.
Oh, hang on a minute. Yes. Silly me.
(There was another article on the DT website about this today, but I can't find it now).
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