In February of this year, the Mayor of London launched a van scrappage scheme which focuses on removing the most polluting vans from London’s roads to help clean up the lethal air pollution present in the city. This scheme was implemented ahead of the Ultra-Low Emission Zone (ULEZ) coming into effect in April, and states that its core aim is to help small business owners and charities switch from high to low emission vehicles.
Who will qualify for the London Van Scrappage Scheme?
If you are a microbusiness you will be eligible for the London Van Scrappage Scheme if you can prove that you’re registered at an address in London, or in the City of London, and can fit these criteria:
- You have 10 or less employees
- You have up to £632k turnover or you have up to £316k balance sheet total in both the preceding and current financial years
- You must be either VAT registered in the UK or be registered with Companies House in the UK
What vehicles will be eligible for the scrappage scheme?
If you’re intending to scrap a vehicle through the London Van Scrappage Scheme, it will have to be:
- A van or minibus that is owned by a registered microbusiness or charity, as mentioned above, for more than a year before the 22nd February 2019
- The van or minibus must be insured for business use
- The vehicle must be road taxed and have a valid MOT certificate
- They must fail to meet the new ULEZ standards
When the vehicle is scrapped, to be considered eligible for the benefits of the van scrappage scheme, they must be scrapped at an approved Authorised Treatment Facility.
What funding is available for vans scrapped through the London Van Scrappage Scheme?
If you scrap your van or minibus through the London Van Scrappage Scheme, there are several alternatives you can choose from. You may want to choose the option to get £6,000 towards the running costs of a new electric van model, if you’re looking to acquire a cleaner van replacement.
Alternatively, you could receive £3,500 towards the cost of a cleaner transport alternative that isn’t electric.
How can you apply for a van scrappage deal?
As we mentioned before, to qualify for any funding from the scheme, you must recycle your van or minibus at an approved Authorised Treatment Facility and ensure you get a DVLA Certificate of Destruction, which proves that the vehicle has been permanently removed from the road.
Make sure you specify with the ATF that you need a Certificate of Destruction since, without this, some recycling centres may deem the vehicle roadworthy and could potentially return it to the road after transferring the ownership. This would mean that your vehicle would no longer be eligible for the funding from the scheme.
At Scrap Car Comparison, we have a large selection of buyers who operate Authorised Treatment Facilities so, if you choose to scrap your van with us, you can rest assured that the process will be carried out exactly as the scrappage scheme requires. Make sure you explicitly state, when getting in contact with us, that you will need a COD, otherwise our pricing options will be created with salvage in mind.
When you return to the TfL after scrapping your vehicle, you’ll be required to provide a copy of the DVLA Certificate of Destruction for your application to be completed and your funding to be approved and released.
What if my van doesn’t qualify for the London Van Scrappage Scheme?
If you go through the TfL application process, or simply read the ULEZ standards, and find that your vehicle doesn’t apply for the scrappage scheme, don’t worry.
If you’d still like to scrap your van and make some money from your old vehicle to go towards a new one, you can get a quote from Scrap Car Comparison instead.
We make the process very easy – simply enter your registration number and postcode into our quote form and we’ll find the best price for you from our database of trusted and certified buyers. And we’ll also pick your van up and deliver it to your buyer free of charge!