The scrappage scheme: has it affected the vehicle industry?

Van insurance customers are still opting for second hand vehicles despite the recent implementation of the Government scrappage scheme.

According to research from the British Car Auctions (BCA), an increasing number of van drivers are showing interest in the second hand market.

The BCA's Duncan Ward said: "Buyers are paying the best prices for vans in good condition, and particularly vehicles boasting an enhanced 'retail-style' specification - metallic paint, up-rated interior trim, in-van entertainment, aircon with bulkhead and satnav, for example."

Figures also revealed that more car insurance customers are also opting for second hand vehicles.