On 28 September 2009 the Government announced plans for a further £100 million of funding for the scheme. This would mean that the scheme will cover up to 400,000 transactions. It will come to an end on 28 February 2010 or when the funding runs out, whichever is the sooner.
A BIS assessment of the UK scrappage scheme has estimated a short term stimulus to the value of UK vehicles sales worth approximately £2.1 billion. On 28 September 2009 the Government announced an extension to the scheme. The revised cumulative figure is currently expected to be £2.8 billion by the time the scheme comes to an end.