Governments in different countries have tried to deal with the recession in different ways. Some have injected a lot of liquidity into the monetary system by cutting interest rates so that entrepreneurs, as well as existing businesses, do not have to pay a high cost for doing business. Others have provided various stimuli for specific can you buy cialis without a prescription industries so that the economy can be put on the fast track once again.

The UK government decided to offer the auto industry relief in the form of various financial measures so that growth returns to the industry and people go out and buy cars as they used to prior to the recession. Car manufacturing units and factories got a major boost with the introduction of the scrappage scheme, under which owners of cars were allowed to exchange their used cars for the latest and new models and also get a discount of GBP 2,000 off the price for some duration of time. This scheme has been well received by industry and got accolades for being one of the best moves that the government has made to improve the economic climate in the UK.

Though initially some doubts were raised about its sustainability, its success in promoting sales of new cars in the UK has been a revelation. This, coupled with the fact that Nissan will be setting up shop to manufacture electric cars in the UK (and through Brand Viagra it offer employment to people), has made the scheme a very viable and attractive one. People are cialis cheap now confident and motivated about trading their used cars for environmentally friendly ones.

Some of the rules regarding the implementation of this policy with regard to ownership of the car about to be traded, as well as the fact that manufacturers and dealers were not obligated to join the scheme, have been well understood and the scheme has been a success by and large. The only problem was with the implementation of VAT on these vehicles as many industry experts felt that the plan would be useful to car manufacturers outside of the UK and since 80 percent of the vehicles are imported, their fears were not misplaced. However the government stepped in to say that many of the cars would have some of the parts manufactured in the UK and there would be employment opportunities.

This scheme according to the government would be a success like it was in Germany where the sales of new cars grew by over 40 percent. The new car sales in the UK has been on a slump and the only way to revive it was to trade used cars in the UK for new ones, and provide people the incentive and motivation to do so.

In these tough times when people are so careful about spending money on anything expensive, buying a new car is not something they would look forward to unless there is a strong incentive to do so – and the government as well as auto manufacturers are banking on this scheme to provide that push.

Author Bio: Roger Thurston is an expert writer for the automobile industry. If you are looking for used cars uk then find out more information at his preferred site Lookers Car Dealership .

Category: Cars and Trucks
Keywords: used cars uk, used car dealerships