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The scrappage scheme recently run by the goverment to encourage drivers to buy new cars at the same time trading in their 'old' cars for a 'scrappage' allowance has been shown in a report by What Car? Magazine to have been used by car manufacturers as a smoke screen to cover substantial increases in the prices of their cars.
In many cases the price increases have all but wiped out the £2000 discount given to drivers trading in their old cars. Some of the prices of a new car were up by almost a third. The price of the Ford Fiesta 1.25 60 Studio, for example, rose 32.6% in the last year. However other manufacturers also raised their prices substantialy in the last twelve months.
What Car? Magazine called these price rises 'opportunism' Enough said.


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