Perhaps Not, Eh?

No, I\’m really not sure about this.

Motorists may be paid up to £1,000 to scrap older, more polluting vehicles under plans being considered by the Treasury.

I can see what they\’re trying to do, certainly. But if it\’s £1,000 in cash for an old clunker, how long before old clunkers are being stolen to be sold for that?

10 thoughts on “Perhaps Not, Eh?”

  1. It’s been done (http://www.iht.com/articles/1995/10/16/frcars.t.php).

    The French ran a FF5,000 subsidy for scrapping older vehicles in the 90s. The base price of a wreck went up to FF5,000, and the French auto industry said thank you very much, can we have some more please? No doubt the French, German and Japanese auto industries will say thank you to Gordon too, if he does it.

  2. Do you suppose I will get the thousand quid bounty if I turn up with an old clunker in about 10 plastic binbags?

  3. Disposal of end-of-life vehicles is a problem and some kind of ‘bounty’ would help to rid the earth of abandoned vehicles in a proper fashion.

    I would like to see a bond attached to the legal title to a vehicle from its purchase as new (Government securities, if necessary) paid for by the original purchaser and accruing interest year-by-year.

    The bond would transfer with each transfer of ownership and price received/paid reflect the value of the bond until proper disposal at the end of the vehicle’s life through accredited channels would yield a cash return to the final owner.

    Tim adds: There’s an easier way. The metals in a car are actually worth real money (I can get £20 quid for a scrap catalytic convertor these days for example). It’s only the insane rules on their scrapping that turn that value negative. Relax the rules and the value will return to being positive. As so often, the solution lies in removing a layer of regulation, not adding another.

  4. £20 you say? SO what’s to stop scrap yards paying for old vehicles now?

    And REAL money is needed not pocket money, otherwise the cars end up being dumped – as they do now.

    A £500 bond could be worth a £10oo by end of life.

    When I scrapped car some years ago while living in Vienna, it was taken away and paid for by the Local Authority. Why not here?

    Tim Adds: “£20 you say? SO what’s to stop scrap yards paying for old vehicles now?”

    There’s a lot more value in a car than just the cc. The radiator is a wonderful mix of copper, tin and lead. Valuable things. The body is, currently, worth some £ 200 or so a tonne. The thing that stops a scrap yard paying is that the rules and regulations about what they must do with that valuable metal cost more than the value.

    An example: years ago I sat with a man who bought all the lead from old car batteries. He bought them to make new car batteries. Excellent, recycling!

    He was in Russia, where I sat with him, looking for new sources of lead, because the rules about recycling batteries in the UK had made that source too expensive for him.

    Yes, his factory was based in the UK.

    The recycling rules had made him look for virgin lead, because recycled was too expensive.

  5. There’s a bloke down by the beach, with a whole load of old clunkers for sale. I think the most expensive one is 250 quid. Should I be bidding d’you think?

  6. When authorities try to eliminate one or another pest (of the animal sort), they often resort to paying a bounty. And, just as often, the bounty leads to the pest animal being “farmed” for the bounty–almost an efficacious method for the species’ preservation, rather than elimination. Cars, too, I’d guess.

    That’s probably why no one seriously believes in a bounty on “authorities”–we’d just get more of ’em!

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