We've had a provincial Scrap-It program for years. It seems to work well to get older, higher-polluting cars, off the roads. Junkers and cars that are parked don't qualify. Rebates depend on the difference in emissions between the old vehicle and the new method of transportation (car, public transit, bicycle, etc).

I don't think it makes sense to run a scrap car program to promote new car sales, but to cut exhaust emissions it is cheaper overall than tax credits on hybrids or diesels.

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2007 X3 3.0si, 6 MT, Premium, White

Retired:
2008 535i, 6 MT, M Sport, Premium, Space Grey
2003 X5 3.0 Steptronic, Premium, Titanium Silver
2002 325xi 5 MT, Steel Grey
2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue