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Peter Vardy

Posted on May 6, 2010.
Peter VardyExtension scrappage Limited

The British government has confirmed reports speculated scrappage success will be extended.

The scheme which had already been extended and will expire in February will now run for a month and finishing at the end of March.

Lord Mandelson said it was to allow auto dealers up and down the country, the "great need for more time to prepare and run the output phase of the plan. The beginning of the year in the automotive industry is always a selling period and arrows companies, but it is coming to an end and the end of the scrappage approach could lead to a virtual standstill emergency " the reaction of new cars purchased in 2010.

Of course, the money should fail if the scrappage end sooner, "he added. No additional funds were added to the plan.

"In the context of economic slowdown," said Mandelson, "the scrappage has been highly successful, increasing sales of cars in the United Kingdom, protect jobs and support the supply chain for manufacture of cars at a time when the sector most in need.

"If you are considering buying a new car, you must place your order as soon as possible to avoid disappointment, because the budget is strictly limited.

It also has an effect twice with cars once again become the center of attention of a buyer's market, dealers specializing in used cars as a http://www.sandles.co . uk used car supermarket will probably reap the benefits of an incentive to reduce new car.

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