Scrappage scheme 2010 a great success

Figures released by the Society of the Irish Motor Industry (SIMI) last week show that 17,272 reclaims were made under the government Scrappage Scheme in 2010. (Some Scrappage Scheme cars sold in December 2010 will not be processed until January/February 2011 so these are interim results pending the processing of the final December Scrappage refunds). These statistics are based on data compiled by Revenue.

Figures released by the Society of the Irish Motor Industry (SIMI) last week show that 17,272 reclaims were made under the government Scrappage Scheme in 2010. (Some Scrappage Scheme cars sold in December 2010 will not be processed until January/February 2011 so these are interim results pending the processing of the final December Scrappage refunds). These statistics are based on data compiled by Revenue.

Speaking about the scheme, Alan Nolan, Director General of SIMI says, “With close to 17,500 scrappage cars sold last year, the Government Scheme provided the Industry with a real boost which saw overall business increase by over 50%. Ending the year with car sales up 55% on 2009, there is no doubt that this was directly due to the stimulus provided by the Scrappage Scheme. With the continuation of the scheme for the first six months of this year, we predict that a further 10,000 cars are likely to be sold under the Scheme. It will again, offer customers incredible value and will deliver significant additional revenues for the Exchequer. Last year, Scrappage Scheme cars alone generated €57m for the Government.”

“Remember that Scrappage cars represented only around a fifth of total new car sales last year. The real benefit of the Scheme is the positive knock-on effect it has had on the overall new and used car sectors. As a result of the positive sentiment generated by the Scheme, non-scrappage new car sales also increased from 57k in 2009 to just over 71k last year, an increase of a quarter on the previous year.”

“Although it is very early days to be drawing any conclusions, so far this year, footfall in showrooms has been strong, again largely due to the Scrappage Scheme, and this bodes well for the year ahead.” Nolan says.

Scrappage Top 10 brands

Make Units % share

Renault 3343 19.36%

Ford 2269 13.14%

Toyota 1870 10.83%

Skoda 1665 9.64%

Volkswagen 1590 9.21%

Kia 1009 5.84%

Hyundai 905 5.24%

Nissan 896 5.19%

Opel 884 5.12%

Peugeot 535 3.10%

Scrappage by County

County Units % share

Cork 2576 14.91%

Clare 552 3.20%

Cavan 225 1.30%

Carlow 198 1.15%

Dublin 4330 25.07%

Donegal 581 3.36%

Galway 1022 5.92%

Kildare 639 3.70%

Kilkenny 347 2.01%

Kerry 711 4.12%

Longford 140 0.81%

Louth 411 2.38%

Limerick 845 4.89%

Letrim 103 0.60%

Laois 259 1.50%

Meath 575 3.33%

Monaghan 157 0.91%

Mayo 456 2.64%

Offaly 249 1.44%

Roscommon 287 1.66%

Sligo 310 1.79%

Tipperary 599 3.47%

Waterford 400 2.32%

Westmeath 329 1.90%

Wicklow 486 2.81%

Wexford 485 2.81%

17,272 100%