Hyundai was one of the big success stories of the original scrappage scheme back in 2009/10, and now it’s back again and extended for 2018, with savings of between £1,500 and £5,000 against new Hyundai cars, with incentives on all models from the i10 city car to the Santa Fe SUV.
The company is also offering a £2,000 scrappage discount on the IONIQ hybrid model.
How does it work?
Called the ‘Scrappage and Emission Reduction Scheme’ – a clever way of suggesting that not all cars traded in will be scrapped – the Hyundai incentive offers savings of up to £5,000 for drivers looking to trade in old petrol or diesel-engined cars that are Euro 4 emissions standard or earlier and were registered before December 31, 2009.
The biggest savings are on the Santa Fe SUV, but there are multiple incentives across the entire Hyundai range.
What new cars can you buy?
Hyundai’s scheme incorporates most of the company’s model range, the only notable exclusions being the i800 MPV, for which supply is limited anyway, the even more scarce Genesis saloon for which there is less need to stimulate demand.
Hyundai Scrappage Deals 2018
Details of the cars available in the Hyundai Scrappage Scheme are outlined below, the links will allow you to compare prices of specific Hyundai models.
|New i30||5 door**, Tourer and Fastback||£4,000|
|Santa Fe||All models||£5,000|
What cars can you trade in?
To qualify for the Hyundai Scrappage Scheme the vehicle you are trading in must be:
- Registered by 31 December 2009
- Euro-4 rated or lower
- Registered with the same name and address as your new car
- Owned by you for at least 90 days
When does the Hyundai Scrappage Scheme end?
Hyundai’s Scrappage Scheme runs until 30 June 2018 and to receive the contribution, you have to have register your new Hyundai by 31 December 2017 to qualify. If you are interested in a Hyundai scrappage deal you will have to act quickly.
The Hyundai Car Scrappage Scheme could potentially be extended beyond this initial period, depending on how popular it proves to be. Their scrappage scheme could potentially extend beyond this initial point regarding how popular this scheme proves to be.
Or take a look at our manufacturer scrappage scheme guide for more details.
Is it worth it?
Hyundai’s scheme certainly offers a lot of choice, with no less than eight different models benefitting from incentives – more than most manufacturers, who tend to focus on only a handful of core models. The savings represent better value when applied to more expensive cars.
Hyundai Scrappage Terms and Conditions
In order to qualify for the Hyundai scrappage incentive, terms and conditions will apply.
- Savings shown are for eligible Hyundai Scrappage and Emissions Reduction Scheme customers only, and reflect customer savings against the manufacturer’s recommended OTR price. On The Road prices include VAT where applicable, delivery, vehicle first registration fee, number plates and 12 months’ road fund licence.
- These savings are only available to eligible customers who trade in a qualifying passenger car first registered in the UK before 31st December 2009 and featuring a Euro 1 – 4 emissions standard engine. New Hyundai cars must be registered between now and 30 June 18. The V5C of the part exchange address needs to match the new vehicle invoice and must have been in the current owners’ possession for a minimum of 90 days. Finance T&Cs apply. Subject to status. 18s or over. Guarantee may be required. Hyundai Finance, RH2 9AQ.
- The Hyundai Scrappage and Emission Reduction Scheme incentive cannot be used in conjunction with any other national Hyundai offers. Other offers for eligible customers are available.
- Please contact your local Hyundai dealer for details. The Hyundai Scrappage and Reduction Scheme is not applicable in the Channel Islands or the Isle of Man.