Hyundai Motor has extended its Scrappage & Emissions Reduction scheme.
The scheme was originally due to end at the end of 2017, but has been extended to 31st March 2018.
Hyundai’s scheme targets older and more polluting vehicles with Euro 1-4 emissions standard (cars that were registered before 31 December 2009).
Regardless of make or model, Hyundai will offer owners the opportunity to scrap or trade in their old car for a new Hyundai.
The most polluting vehicles, those with Euro 1-3 emissions standard, will be scrapped, while owners of a Euro 4 model can trade-in their vehicle for any model across the Hyundai range.
Hyundai’s scrappage scheme will offer from £1,500 for customers purchasing certain models of the i10 up to £5,000 when purchasing any Santa Fe model.
Vehicles bought through the Hyundai’s Scrappage & Vehicle Emission Scheme will be available at 3.9% APR on PCP, subject to terms and conditions, from Hyundai Finance in January and February.
Tony Whitehorn, president and CEO of Hyundai Motor UK, said: “Hyundai is fully committed to improving the efficiency of its product line-up and to lowering emissions. Our Scrappage and Emissions Reduction scheme has made the change into new, cleaner and more technologically advanced vehicles even easier for over 2,700 customers since we launched it back in September 2017, so we are very pleased to announce the extension of the scheme until March.
“The scheme has been enhanced to introduce not just our brand new small SUV, KONA but also the award-winning IONIQ Plug-in Hybrid. Alongside the IONIQ Hybrid, it’s now even easier for customers to make that step from a conventional ICE vehicle into one with an electrified powertrain.”
The extension of the scrappage scheme follows Ford, which announced it would be extending its scrappage scheme which was also due to end at the end of 2017.