Cars Hyundai introduces new 'scrappage' scheme

12:31  30 august  2017
12:31  30 august  2017 Source:

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Hyundai Scrappage and Emission Reduction Scheme . We’re taking older less efficient cars off the road while making a new Hyundai even more affordable.

The Scrappage Scheme has been introduced to the UK motorists in late April and has resulted in 60.000 new car orders with Hyundai taking the lion share of the new car sales.

Hyundai introduces new 'scrappage' scheme© Carbuyer Hyundai introduces new 'scrappage' scheme

Hyundai is the latest car retailer in the UK to offer a 'scrappage scheme' that promises to take some of Britain's oldest, most polluting cars off the road permanently.

Like schemes offered by other carmakers, Hyundai is offering financial incentives for drivers to trade in petrol or diesel cars with emissions that meet older Euro 1-4 standards. This applies to cars first registered before 31 December 2009 and after July 1992, and the scheme is set to run until the end of 2017.

Hyundai says all cars traded in under the scheme will be scrapped if they fall into the Euro 1-3 bracket, while owners of Euro 4 cars can part-exchange them in the conventional manner and take advantage of the same allowances.

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The German government extended a similar scrappage scheme , introduced earlier in the year, to "We are beginning to see the positive impact of the scrappage scheme translate into new vehicle 'Less snobbery'. Hyundai also reported that UK sales had almost doubled in June from the same

Unlike some schemes, however, there's no standard scrappage allowance figure. Instead, the incentive offered by Hyundai varies across models in the company’s range.

The offer extends from a discount of £1,500 against the smallest i10 city car, to a £5,000 allowance against the the range-topping Hyundai Santa Fe SUV.

The scheme is advertised as a 'scrappage and emissions reduction scheme', but the fuel-efficient Hyundai Ioniq range (which includes a conventional hybrid, a plug-in hybrid and a fully-electric model) qualifies for a £2,000 allowance, lower than that offered to buyers of the Hyundai i40 (£3,000) or the Tucson SUV (£3,500).

To participate in the Hyundai scrappage scheme you must have owned your Euro 1-4 compliant car for more than 90 days, and your name must appear on its registration certificate. Discounts offered under the scheme cannot be combined with any other promotions, but buyers those taking advantage of it can make use of the same finance rates offered to non-scrappage buyers.

FCA brands add to scrappage scramble .
Scrappage incentives now available for Fiat, Abarth, Jeep and Alfa Romeo buyersThe FCA scrappage scheme applies to all Euro 1-4 petrol and diesel cars registered before 31 December 2009, regardless of make or model.

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