The company which has benefited from increased sales is Hyundai, since the scrappage scheme was introduced their UK sales have increased to over 11,000 vehicles. This volume is more than in the previous four months and is bucking the trend of depressed figures elsewhere in the Motor Trade.
For car dealers the scrappage scheme is providing mixed fortunes, due to the weakness of the pound against other currencies (particularly the Euro). The biggest concern is that small cars will just not be available as manufacturers divert the supply of vehicles to schemes elsewhere, with a more favourable exchange rate.
However even for car dealers experiencing a lull, there is some positive news with low cost traders insurance available for combined cover or road risks only from iQuote Insurance. We guarantee to beat any genuine motor trade quote and will provide expert advice and a traders insurance policy tailored to your business.
To find out more about the savings available under the scrappage scheme visit the Hyundai website.
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