Buyback hypothetical

[flappist]

Yes I am bored.......

There is a lot of blurb floating around about $3k buyback for old cars so I will take it one step further.

The Feds decide to solve this once and for all.

No motor vehicle less than 3 tons is allowed to be registered for private use once it is 10 years or 250,000km old.
There are no loopholes for doof doofs and the penalty for trying in license restricted to 50kw pink bubble cars for life.

Collectable vehicles can be registered like vintage or club cars are now.

To aid this transition to the new era, NEW Australian made vehicles will be subsidised for 5 years and all import duties and taxes other than GST removed.

This means that although you paid $30k for your XR6 and the new one will be only $20k so your is now worth bugger all you will only have to pay what you would have paid if this scheme were not in.

The nett result will be that first car buyers will be able to get a BA for $3k instead of a pile of junk, old falcons that are not crap will still be around but the junk removed, lots of cheap vehicles will become availabe for amateur motorsport (drags, track and tally), much less pollution, more jobs in the car industry, less road deaths due to more airbags, ABS, crumple zones etc (note I said less DEATHS, not less PRANGS).
Collectable vehicles will be preserved as they will no longer be in the hands of idiots who ruin them because they are "just old cars".

The down side is that car collectors will have to be fair dinkum not doof doofs as they will not be allowed to drive their half finished mismatched wheeled, primer painted, dodgey engined, sort of GT/HSV/VL turbo replica to maccas every night.

So is this the answer to fixing the car industry and lowering the road toll in one hit? Or is it more important that VL turbos and EAs are available to the backward cap brigade?