Racemakers.com

If you live in Germany and are interested in getting a Caldina Wagon for sale or Hiace Wagon for sale and you are unsure what to do with your old car, you can now make some money getting rid of your old car.  According to a recent report, the government of Germany is now paying consumers in the country a subsidy of 2,500 Euros to send their old cars to the crusher.  This is in an effort to encourage the sale of Japanese branded cars in the country, and so far this scrappage scheme has pushed the sales of Japanese cars up by one third.

Old cars in Germany are money makers with this scrappage scheme in place.  It is allowing residents to get money for a down payment on a new Japanese car they may not have had before because their cars are not worth very much as a trade in.  The 2,500 Euros is just enough for consumers to use towards the purchase of a new or used Japanese car.  In 2008, the sales of Japanese cars were up 31 percent compared to sales of previous years.  Since the scrappage scheme was started, just under 120,000 Japanese vehicles were purchased and registered by consumers in the country.

In March 2009 alone there was a 45.7 percent year on year jump on Japanese car sales in Germany.  Mini and small cars have been in huge demand since the scrappage scheme was launched, and many people are exporting cars from Japan to fulfill their needs.  Many Japanese cars are also manufactured in Europe, making them extremely accessible to consumers who are looking for new rides.

If the German scrappage scheme continues to be such a hit in the country, other European countries may follow suit and offer a similar package.  It is one way the country has found to help boost their economy in a time of world-wide recession.  It also helps keep the country free of used vehicles that no one is buying.  Used cars in Germany - like in the United States - typically have high mileage on them or are starting to fall apart to the point where upkeep is becoming more expensive and not cost effective.  By offering the subsidy to the residents of the country, the German government is taking care of the excess of used cars in its borders as well as helping its people gain a new car for less.

This entry was posted on Monday, May 25th, 2009 at 1:18 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.