4.1 • 650 Ratings
🗓️ 8 September 2017
⏱️ 47 minutes
🧾️ Download transcript
Car scrappage schemes are back. After waiting in vain for the government to launch an official scrappage scheme to get dirty diesels off the road, car makers have taken matters into their own hands.
But is this an altruistic move to help replace more polluting cars with greener ones, or are they just trying to flog more cars?
These new scrappage schemes have coincided with falling sales of new cars, so you could be forgiven for being cynical, which if we’re going to be honest is exactly what This is Money editor Simon Lambert and deputy motoring editor Rob Hull are.
But there’s another important question to tackle, are these scrappage schemes a good deal?
Simon, Rob and host Georgie Frost take a deep dive into them – and the murky world of cars sales and finance.
What you probably won’t be buying if you take advantage of a scrappage scheme is an electric car – but wait a few years and your next one could be. There’s been a string of news on this and in a show that goes more than a little electric we take a look at what the future holds.
Will it be Nissan’s new £20,000 Leaf that wins out, Jaguar’s plan to offer every model with an electric or hybrid version, or could it even be a Dyson car that storms the market?
If you’d prefer to go a bit off the beaten track and electric motorbike with a detachable battery you can charge in your office might even be the answer. Rob spent a week with a Super Soco to test out that theory and reports back here.
And what about your house? This week we told the story of Darren Widdowson, from Northamptonshire, who decided to try generating his own electricity with solar panels and a battery storage unit from Ikea.
He now pays just £4.50 every month for electricity to power his home and electric car.
Also on this week’s show we look at the case where This is Money’s Tanya Jefferies won £7,000 back from HMRC for a couple who paid to bump up their state pension and then discovered that wasn’t possible and we ask if Neil Woodford, once one of the best performing fund managers in the UK, has lost the Midas touch.
And finally, would giving your house a nice name add to its value – and exactly what are the rules on this? We explain what you need to do if you fancy calling your home Trevor, Nigel, or Dunroamin.
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0:00.0 | Welcome to This Is Money Show in partnership with NS&I, your weekly roundup of the top personal finance, consumer and business stories that editor Simon Lamber and his team have been covering on their award-winning website. |
0:12.0 | I'm your host, Georgie Frost. Simon is back and raring to go fresh from his holidays. |
0:18.0 | Alongside him is Deputy Motoring Editor Rob Hull. And we've an electric show |
0:23.0 | coming up from your house to your car. Companies falling over themselves to go green. We've |
0:28.5 | got car scrapage schemes galore, Simon. It's a little bit cynical, but we'll tell you all the |
0:33.7 | nitty gritty and the best deals. We discover IKEA's new solar system, ask if |
0:38.7 | Jaguar has committed the ultimate sacrilege, and get in a spin over Dyson's secret plans to |
0:44.2 | hoover up the competition. I'm all punned out now. Talking of astronomy is a certain star fund manager |
0:50.1 | on the decline. What has happened to Neil Woodford? This is Money, help a couple win thousands back from HMRC, |
0:57.2 | and what's in a name could getting rid of the number on your property increase its value? All that |
1:03.1 | and plenty more coming up. Don't forget, you can stay up to date with all the latest breaking money |
1:06.6 | news. Just go to this ismoney.com.uk or download the app. |
1:13.1 | This is Money, brought to you in partnership with NS&I, giving you 100% security backed by HM Treasury. |
1:23.6 | But first, is it time to trade in that old banger on your drive while the government |
1:28.6 | continues to drag its heels on prospective diesel scrappage schemes, the car manufacturers |
1:34.1 | will they are wasting no time. |
1:36.5 | Your old vehicle could now get you a discount on a new Volkswagen, Audi, Seah, |
1:40.2 | SCOTA, Alpha Romeo, Fiat, Jeep, Kia, Mazda, Nissan and Renault. |
1:44.9 | They also follow in the footsteps of BMW Ford Hyundai, Mercedes, Toyota and Vauxhall, |
1:49.9 | all of which have existing schemes, so many to choose from. |
1:54.6 | But the coming of time when we're hearing new car sales have taken a little bit of a tumble. |
1:59.1 | Coincidence? Simon thinks not. |
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