Ford has extended its scrappage scheme into the first quarter of 2018, following the schemes initial success.
The scrappage scheme was launched at the end of August following numerous other manufacturers’ launching similar schemes this year.
Ford’s variant offered between £2,000 and £7,000 for any pre-Euro 5 vehicle which was first registered by 31 December 2009. It was initially due to run until the end of 2017.
The scheme resulted in over 10,500 vehicles scrapped and replaced with cleaner, more fuel efficient vehicles, Ford said.
As well as prolonging the scheme’s run time, Ford has also expanded it to include the Ford Ranger as well as the new Fiesta, Focus and Transit CV models.
One other change to the terms and conditions are that from 2018, vehicles which are classified as ‘historic vehicles’ by the DVLA will not automatically be scrapped.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAndy Barratt, Ford of Britain chairman and managing director, said: “The Ford scrappage scheme has been so well received by our customers and I’m pleased to announce its extension in to next year. We have an excellent product line-up and our scheme is applicable to one of the broadest ranges of vehicles, including the segment leading Ford Ranger.
“We continue to carry strong sales momentum as we move towards the end of the year. Our CV sales growth was particularly positive in an increasingly challenging market. It’s also rewarding to see the all-new Fiesta strengthening its leadership position as we continue the launch of the full model range, with Fiesta Active and ST still to come to complete the line-up of our most technologically advanced Fiesta ever.”