Motorists will be given mobility credits to use on alternative transport such as buses, trains, taxis and car hire in exchange for their vehicles. Transport for West Midlands claims the incentives will help encourage owners of heavily polluting models to ditch their cars.
According to Coventry Council running a car is the biggest expense after paying rent or mortgage payments
The scheme is being targeted at those who are looking for ways to change the way they commute after the coronavirus lockdown restrictions ease.
However, they warn maintaining an older car can be more expensive than modern vehicles.
Councillor Jim O’Boyle, cabinet member for jobs and regeneration at Coventry City Council said the new scheme was a “great opportunity”.
The mobility credits scheme will be open to people whose vehicles are older than 10 years old.
The trial is being funded by a £22million Future Mobility Zone grant supplied by the Department for Transport.
Andy Street, Mayor of the West Midlands said: “At the same time as record investment in buses, rail, trams, and new safe cycle routes and a cycle hire scheme, we are also looking at creative solutions to our transport issues including the trials of e-scooters and demand responsive bus services currently underway in Coventry.
“Drivers will only leave their cars if suitable alternatives are available, and that’s why we are investing billions in public transport and active travel, as well as trialling these new innovative schemes.”