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Pebley Beach Swindon Hyundai (New Cars)
01285 641800

Pebley Beach Cirencester Hyundai
Love Lane, Cirencester, Gloucestershire,
GL7 1YG
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01793 816800

Pebley Beach Swindon Hyundai
West Swindon Motor Park, Swindon, Wiltshire,
SN5 7SB
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01285 641800

Pebley Beach Cirencester Suzuki
Love Lane, Cirencester, Gloucestershire,
GL7 1YG
Get Directions
01793 816800

Pebley Beach Suzuki Swindon
West Swindon Motor Park, Swindon, Wiltshire,
SN5 7SB
Get Directions
01285 641800

Pebley Beach Cirencester Hyundai (New Cars)
Love Lane, Cirencester, Gloucestershire,
GL7 1YG
Get Directions
01285 641800

Pebley Beach Cirencester Suzuki (New Cars)
Love Lane, Cirencester, Gloucestershire,
GL7 1YG
Get Directions
01793 816800

Pebley Beach Suzuki Swindon (New Cars)
West Swindon Motor Park, Swindon, Wiltshire,
SN5 7SB
Get Directions
01793 816800

Pebley Beach Swindon Hyundai (New Cars)
West Swindon Motor Park, Swindon, Wiltshire,
SN5 7SB
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Now might be the time to trade in your older diesel

Now could be the best time for drivers of older diesel-powered cars to trade them in for a newer model.
 
That’s the opinion of Dominic Threlfall, managing director of Swindon Suzuki and Hyundai dealership Pebley Beach, as the political row hots up over diesel cars.
 
This week (April 4) prime minister Theresa May hinted that a diesel scrappage scheme may be on the cards, as the UK prepares to meet its commitments to clean air obligations.
 
Meanwhile the mayor of London, Sadiq Khan, went a stage further, publishing plans for a central London Ultra Low Emission Zone, which would see a levy charged on all but the newest diesel cars. 
 
ULEZ, on top of the Congestion Charge, would bring the cost of driving a diesel into central London to £24 a day. Other cities are expected to follow suit.
 
Mr Khan, environmentalists, and leading figures within the motor industry are urging the government to introduce a scrappage scheme. 
 
The say drivers bought diesel cars in good faith, believing them to be cleaner and more tax efficient than petrol equivalents, because they emitted less CO2. 
 
Campaigners are now equally concerned about the emission of other harmful gasses, including nitrogen dioxide (NO2).
 
“Residual values of diesel cars are fine at the moment,” said Dom, “but the minute a scrappage scheme is introduced, or cities start charging diesel drivers extra to be on the road, part-exchange values will start to fall.
 
“Whether you should trade in now or wait for a scrappage scheme to be introduced depends very much on what you’re driving.
 
“If you have an older diesel worth £5,000 or less, it might be worth looking to trade in now. If you’ve got a 20 year old diesel worth £100, and scrappage comes in at £1,000 - which it did in 2008 - it’s clearly worth holding on to.”
 
The 2008 scrappage scheme – which saw drivers being paid to take cars over 10 years old off the road – is credited with the runaway success of the Hyundai brand in the UK. 
 
Before scrappage the South Korean manufacturer was selling 30,000 cars a year in the UK. This year, close to 100,000 new Hyundais are expected to hit the road.
 
In 2008-9 it was Hyundai’s sub-£5,000 i10 that proved attractive to scrappage scheme buyers. This time around, there will be a range of models from which to choose.
 
“Improved engine technology means a 1 litre turbo engine has the same power and torque as a traditional 1.6 did,” says Dom, “while Hyundai’s new Ioniq offers three eco-friendly powertrains - a hybrid, a plug-in hybrid, and an electric motor - starting at £20,585.”
 

 

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Financial Disclosure

Pebley Beach Limited is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Pebley Beach Limited to act as a credit broker, not as a lender, for the introduction to a limited number of lenders.

We can introduce you to a selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.

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