Simonne says....Second-hand’s not second rate

Did you hear that the car scrappage scheme has been so successful that the scheme is being extended to fund an extra 100,000 car and van purchases?
Don’t we just love it when the government gives away money!
But, if you’re tempted by this offer, just remember that the £2,000 contribution towards a new vehicle will be wiped out in depreciation after just a few short months. It’s still far better value to buy a slightly older car, especially if the new car is being paid for via expensive credit.