LTI Vehicles is urging taxi drivers to take advantage of the Government’s scrappage scheme, which is widely expected to end next month.
The news comes as the Department for Business announces that over 200,000 vehicles have been sold under the scheme and the Government’s budget is expected to run out by mid-October as car owners take advantage of the subsidy on offer.
Over two-thirds of the £300 million budget set aside for the scheme has already gone. The scheme gives drivers £2,000 incentive towards a new vehicle if they scrap a vehicle over 10 years old as part of the deal.
Rob Laidler, Sales Director at LTI Vehicles, said: “The scrappage scheme has been a real success for LTI and the taxi trade with many drivers taking advantage of the £2000 incentive.
“The scheme will end shortly and we are advising drivers looking to participate in the Scrappage Scheme to take advantage of this deal and purchase a new TX4 before the funding runs out.”
The Government has confirmed that the scheme will not be extended.
It is the best time to purchase a new TX4 with a £2000 scrappage incentive, strong offers from LTI and 15% VAT until 1 January 2010.
To find out more about LTI Vehicles visit www.lti.co.uk.
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