Like many other manufacturer announcements this week, Hyundai is extending its scrappage allowance offer until the end of March 2018. The offer has also been expanded to include the new Kona compact SUV and Ioniq plug-in hybrid, neither of which were on sale when the company launched its scrappage scheme back in September.
The details of the scheme have largely carried over from what was originally offered, with allowances ranging from £1,500 to £5,000 on new Hyundai models when part-exchanging an eligible vehicle.
Hyundai is also offering a range of PCP finance offers at 3.9% APR to support the scrappage offer, with details available from participating dealerships.
We check Hyundai’s fine print
- This offer is a part-exchange allowance, for selected used cars part-exchanged against selected new cars.
- Your current car can be from any brand, but must be built to Euro 4 emissions standard or earlier. This will definitely be cars registered before 31 December 2009, although some cars had Euro 5 specification engines earlier than this.
- You must be the owner of the part-exchange vehicle and the buyer of the new car (same name and registered address).
- You must have owned the old car for at least 90 days, to stop people buying an old banger for £200 and then getting a £5,000 part-exchange allowance for it.
- You must order your new car and take delivery before 31 March 2018.
- This offer can be used on top of any other offers from the dealer/manufacturer/finance company, including the government plug-in car grant
- The offer is not dependent on you taking any finance package or other products.