Car market still trying to recover
Business News
The scrappage scheme, a scheme in the United Kingdom to allow car customers to trade in their car for scrap for a brand new car has been extended for an extra year.
The scheme entices people to buy new cars by offering them a decent price for the scrappage of their car.
In some cases 3-4000£ can be made to trade for a brand new car.
The car industry seems to have benefited from this as second hand sales have been increasing compared to new sales thanks to the state of the economy.
Car makers will welcome the news in the struggle to sell their cars and keep current employers in a job for the future.
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