Nissan Signs Up For Scrappage - And Extends £2,000 Trade-In Offer To 8 Year Old Cars

MAPLE CROSS, UNITED KINGDOM – April 24, 2009: Following the Scrappage Scheme go-ahead given by the Government yesterday, Nissan, Britain’s biggest car maker has announced its intention to extend the new car buying incentive to include a £2,000 minimum trade-in against any of its Sunderland built models for owners of cars aged between 8-10 years old.

The standard £2,000 Scrappage incentive is made up of a £1,000 discount off the price of any new Nissan, including Nissan’s LCV range, courtesy of the Government, and a further £1,000 reduction from Nissan for owners of pre-1999 models*. However, Nissan is extending the £2,000 minimum trade-in offer to models aged 8-10 years old for any customer choosing one of the car maker’s British built range – that includes any new Micra, Note, Qashqai or Qashqai+2.

That means drivers keen to trade-in their 8 year old car can take delivery of the chic British built Micra for as little as £5,995. Built at Nissan’s award winning Sunderland Plant, the thrifty supermini is capable of up to 61.4mpg in the combined cycle, helping to make it a much more environmentally friendly choice than virtually any pre-2001 alternative.

In putting its full support behind the Scrappage Scheme, the Government is aiming to replace older, more polluting vehicles with cleaner, greener alternatives. And with a workforce of 3,900 at the Sunderland Plant and over 5,000 within its dealer network, choosing a Nissan adds the further benefit for buyers of supporting the British motor industry.

Nissan’s UK MD, Paul Willcox comments: “We are disappointed with the Government’s decision only to include cars over 10 years old in the Scrappage Scheme – we were expecting the offer to be available to pre-2001 models. That’s why we’ve introduced a £2,000 minimum trade-in for cars aged 8-10 years old for anyone buying one of our British built models. With Micra, Note, Qashqai and Qashqai+2 all produced in Sunderland this should also be good news for all the staff at our plant and the British manufacturing industry as a whole.”

In addition to £2,000 trade-in and Scrappage offers, free accident, sickness and unemployment cover is available for the first 12 months of any Nissan finance agreement, safeguarding monthly finance repayments for a maximum period of 12 months**. Nissan’s Preferences PCP scheme also allows customers to put down as little deposit as they can afford while safe in the knowledge that the future value of their car is guaranteed.

*Trade-in vehicles eligible for the Scrappage Scheme must be 10 years old or older and must have been owned by their present keeper for a minimum of 12 months. Vehicles must have a current MOT certificate. Scrappage Scheme terms and conditions apply.

**8-10 year old minimum trade-in scheme and the Just in Case finance package valid until 30 June 2009.

***All scrappage savings shown are based on the manufacturers recommended retail list price.