The car scrappage scheme will soon come to an end, and already some car companies are thinking about how to offer car finance help to encourage consumers to buy new cars . One of the car companies suggesting an extension to the programme is Hyundai .

The car manufacturer has suggested two different programmes. Existing car scrappage customers will now have the opportunity to swap registrations. Two deals are proposed – Happy Returns and Trade and Upgrade. The second gives buyers a 2,000 pound part-exchange allowance after the scrappage scheme ends.

The managing director of Hyundai UK, Tony Whitehorn, reportedly commented: [British buyers] love transparent pricing. They hate haggling. And if they see a good deal they will snap it up. What we are offering post scrappage will build on this experience and will change the way cars are bought in the UK forever.