Crappage scheme on 'the one show'

[FredTransit]

Anybody want some scrappage stats?87772 foreign made vehicles purchased against 14229 UK made.Thats 87million pounds poured out of the UK - thanks Gordon.Hyundai is chief among those with 20124 vehicles sold under scrappage - Zero manufactured in the UK.Ford have shifted 14029 vehicles - a massive 200 of those made in the UK.VW group - 10328 with zero made in the UK.Pug-Citron have sold 9656, again none were made here.Toyota shifted 8825 with 800 made here.Fiat group sold 7435 with none made hereReno-Nisun sold 7299 with 6200 made here. Good on you Frenchi-Japs.Vauxhall sold 6754 with 3655 made here.Honda sold 4005 with 1511 made here.BMW(inc MINI) sold 2632 with 1556 made here (all MINI I suspect).Jaguar Land Rover sold 52 Jags and 189 Land Rovers - all made here, woo-hoo!LTI sold 114 with all of them made here (I'd love to see the mileage on the stuff that was traded in against these)And MG sold 22 cars under scrappage (can you still buy a new MG? Maximum shite points if you can)

So in round figures that's 13,000 out of 87,000 of the new cars were made here. it's very hard to argue there would be some components of the foreign built cars would be English. I saw an interview with some VW big cheese, he uncomfortably admitted 'some' of the tyres on the VW manufactured for the UK market came from here. Big deal. I didn't even know we still made tyres. I though that was a Chinese prerogative these days.....

[Clevtrev]

As regard to trading in a written off car... It depends on what category the write off is. If its Cat A or B then it does not qualify but C's and D's do. Cat C's have to be tested to get a VIC in order to go through the system. I work at a Ford dealership and just read through the T's and C's to find out as I really wasn't sure what the score was. Now we all know.

[Guest]

That's interesting, cheers for clarifying it. The initial info from the DVLA just said "no write-offs" or something, thought there'd be more to it than that.

[FredTransit]

Do they run the number plates? Would they know (unless it was a squashed mess of course) if you handed over a car with an MOT.

[fiatdaft]

everything traded into a dealer is hpi'd,btw i don't understand still why you think the taxpayer is paying for the scrappage,as the government is expected to make over £100 million profit ,so maybe we should thank it as now auntie ina can get her hip op now!

[M'coli]

Break-even point for the scheme is about 7 grand per car - a grand from the government, and slightly more back in VAT - come January, that price comes down to 6'n'a half.Still sucks, though.

[Conrad D. Conelrad]

I didn't even know we still made tyres. I though that was a Chinese prerogative these days.....

Pirelli is the only one I can turn up...

[Justin Case]

Can someone please explain this to me?I thought that VAT was value added tax and therefor paid on the difference between what you buy a thing for and what you sell it for. So in that case won't the dealer/importer claim back the the VAT on the cost of the car as landed (for imports outside of the EU) or the EU manufacturers VAT liability be reduced according to the components bought in and the governmentt won't actually get 15% of the sale price and we will still all be out of pocket

[FredTransit]

VAT won't be paid if the goods come from the EU, same with car import tax. No idea how this affects Jap imports though. As japan is not in the EU (yet ) imports would attract import tax, unless there's some break for cars.

[fiatdaft]

i would check on that if i was you.

[FredTransit]

Check on what? I'm not importing cars! We do take goods over to the EU though, and there is no tax to pay if they originate from the UK. We don't even have Carnets to deal with any more, not for about 10 years. Technically speaking we don't pay VAT on the ferry crossing (Seafrance) give me your VAT number, and it cancels out the TVA.

[Milford Cubicle]

I'm no accountant, but isn't VAT paid for/claimed back by the buyer?

[M'coli]

and it cancels out the TVA.

What has the Tenessee Valley Authority got to do with the EU?

[FredTransit]

the French VAT.....

[M'coli]

Hmm, this could be dealt with 2 ways:Oops, me ignorantorOooh-oooh-oooh, look at you, with your posh french VAT (cue handbags at dawn-style stance)!I'll go for me being ignorant!!!

[fiatdaft]

fred the end buyer pays the vat . wherever it comes from.

[FredTransit]

They do if at the retail end, but the manufacturer doesn't if it's for export.

[fiatdaft]

every car sold in the uk has vat paid to the government,so thats where they are getting the vat income,regardless of where the car comes from.

[FredTransit]

Yes I see your point, I was talking about the import side of things.

[Mr Lobster]

Cars have VAT charged included in the price the buyer pays. So the buyer will pay 15% VAT (17.5% from Jan 1st). Irrespective where the goods originate from, VAT is calculated from the point of sale. So it doesn't matter where the car is built - whether it is within EU or not - if it is sold in UK then UK Vat is payable.Anyone who is VAT registered can claim VAT back on vat qualifying purchases. So the dealer will claim back the VAT on the wholesale price from HMRC. If you import goods from outside the EU, the govenment still expects something in the way of VAT / import tax If it's for export, then depending on where it goes then the retailer / manufacturer might get away without charging vat if they can provide the endless and complicated documents required by HMRC.