Scrappage Scheme - Not again! In the drive to cut down on CO2 emissions, there is ongoing discussion on whether to reintroduce the government subsidised ‘Scrappage Scheme’, as previously run in 2008-2009. The idea was simple: part exchange your “old banger” for a brand new eco-friendly car and the government will give you £1000 for your part exchange, which was then matched by the car dealer. This gave people £2000 off a brand new car if they part exchanged their old car. The only stipulation was that the car being part exchanged must have been registered before 28th February, 2000, must have been within your ownership for at least 12 months and must come with a current valid MOT certificate. Read more about Scrappage Scheme - Not again!