Hyundai is launching its own scrappage incentive scheme to ensure it doesn’t suffer a significant drop in sales when the government-backed scheme ends.
Hyundai has been second only to Ford in scrappage sales so far having sold more than 33,000 vehicles. Its new scheme, Trade & Upgrade, mirrors the government scheme by offering a £2000 discount off a new car when trading in a car between seven and 10 years old.
Tony Whitehorn, Hyundai UK’s managing director, said: “We have learnt some valuable lessons from the 33,000 people who have bought cars from us under the scrappage scheme.
“They love transparent pricing. They hate haggling. And if they see a good deal they will snap it up. What we are offering post-scrappage will build on this experience and will change the way cars are bought in the UK forever.”
Hyundai is also offering people who own an i10, i20 or i30 the chance to trade it in for a 10-registration model under its Happy Returns scheme. The customer contribution for an i10 plus their current car is £499. An i20 will cost £599 and an i30 £749.
The final scheme Hyundai is offering is Friends and Family. Under this, all 33,000 people who have bought a Hyundai under scrappage will be sent a £250 voucher to pass on to someone to spend on any new Hyundai.