Scrappage sales have smashed through the 250,000 barrier, according to the SMMT.

Registrations
New car registrations through the government-backed scheme, which was launched in May, totalled 251,629 by the end of November.

LCV registrations over the same period totalled 3,882 units; just 1.5 per cent of the total scrappage market.

Unfulfilled orders
Meanwhile there are currently over 30,000 unfulfilled scrappage orders in the system, according to the latest figures from the Department for Business Innovation and Skills (BIS).

Having been forced to recount the number of orders it had on its computer system, following the recent discovery of mistaken double-counting of some customer orders, BIS confirmed it now has records of 282,898 orders on its system.

Emissions drop
According to the SMMT the average CO2 emissions of a car bought through the scheme is 133g/km, 10 per cent below the overall new car market average and 27 per cent below a scrapped car’s emissions.

Totals
According to the SMMT the scrappage scheme accounted for 21.6 per cent of all new car registrations in November, in line with rates recorded in previous months. The scrappage scheme has also helped lift overall new car registrations in each of the past five months. The scheme accounted for 3.9 per cent of LCV volumes in November.

Over the May to November period total new car registrations increased by 5.7 per cent. Excluding all scrappage volumes the market was down 15.9 per cent.

Source : Motor Trader