Motorist in Wales could cost the taxpayer an astonishing £1.5bn fortune if they trade in their old bangers for new cars. Chancellor Alistair Darling announced in his Budget last week that car owners will be entitled to a £2,000 cash payout if they scrap cars that are more than 10 years old – with half of that coming from the taxpayer. The most expensive scenario would see a £1.5bn payout if everyone who qualified traded in their car.
But even if Wales only follows the trend of other European countries in taking up the offer, the bill could amount to at least £150m. In France, for example, sales of new vehicles rose by 10%. If Wales followed suit that would cost £150m.
This would put thousand of cars on the road and have a negative impact on the environment.
Why doesn’t Labour provide every homeowner with £2,000 towards Solar Panels, triple glazing or home installation? Solar Panel Water Heating System, usually cost under £4000 installed and Save Up To 70% On Water Heating cost. European money could be used to install energy efficient products to every council house and council owed building. The elderly and disabled and families on low income who doesn’t live in council houses could have a big reduction, why the rest of us could have the cost added on at the end of our mortgage with no interest cost added. This would stimulate the manufacturing sector and provide thousands of jobs to those manufacturing and installing energy efficient products. Not to mention it would be good for the environment and reduce our carbon footprint. I would rather make my house more energy efficient and save me money than buy a new car.
The real stitch up!
1 year ago

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