With the Scrappage Scheme coming to an end shortly, car makers are taking the matter of incentives into their own hands by offering deals themselves, and Hyundai have hopped onto the bandwagon along with Toyota, who have recently announced the introduction of their “Swappage Scheme”.
However, Hyundai’s scheme differs from the car swap and £2,000 discount that Toyota are offering.
They are calling it the “Happy Returns” scheme, and are offering customers who bought a new i10, i20 or i30 under the scrappage scheme last year, a brand new Hyundai with a ’10′ registration plate this March. Buyers will be able to swap their car any time up until its first anniversary, saving owners the cost of the cars’ first service and tax renewal, with the new car having the bonus of the full five-year warranty offered by Hyundai. Customers will only have to pay £499 if they choose the new i10, £599 for an i20, and £749 for an i30, and are able to trade up and down the range if they desire.
Taking into account the savings on service and tax, it could be a cost to change of around £250, which works out at just £20 per month in depreciation.
This is a fantastic offer from Hyundai, as the i20 now has an electronic stability programme fitted as standard, and to those customers whose old cars didn’t have this fitted, it is worth £200. The interior has also been upgraded, and the i30 is now available with a cleaner diesel engine and a six-speed gear box.
They will also offer a trade and upgrade scheme, in a further attempt to attract customers. Hyundai will also offer all new customers with seven to ten years old cars in Britain the same £2,000 discount as those who bought under the scrappage scheme, even after the government scheme ends.
Hyundai are really going to town on their deals, and are also giving all of their 33,000 customers who bought one of their cars’ under the scrappage scheme a ‘Friend and Family’ voucher worth £250 to spend on any new Hyundai.
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