£25 Million Scrappage Scheme Announced For The Capital
04 March 2019
Ahead of the launch of the (ULEZ) Ultra Low Emission Zone in 2021, the Mayor of London, Sadiq Khan has announced that a scrappage scheme will be introduced later this year.
The scrappage scheme will be put in place to help lower-income families avoid the £12.50 ULEZ daily charge, for vehicles that fall outside of the emission limit. Transport for London has estimated that approximately 2.4 million vehicles that are registered within the city will be affected by the ULEZ.
London’s clean air zone will initially come into force on the 8th April 2019 and replace the current T-Charge in the capitals existing Congestion Charge Zones. However, come 2021, the ULEZ is expected to reach out to both the North and South Circular.
What Cars Will Be Affected?
The ULEZ means that diesel cars that do not meet the Euro 6 standards and petrol’s that don’t comply with the Euro 4 will be penalized. Most diesels registered before September 2015 and petrol’s registered before January 2006 will be affected. Figures provided by the Society of Motor Manufacturers and Traders (SMMT) suggest that approximately 780,00 diesel and 858,000 petrol cars will be affected.
More About The Scrappage Scheme
The scrappage scheme has been allocated £25 million, to run alongside the van scrappage fund. The van scrappage fund was announced last December and has separately been allocated £23 million.
The scheme will be available to help individuals replace their older and less economical vehicles for newer and more environmentally friendly models.
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