Toyota has announced that it is extending its scrappage scheme offer until the end of January.
There are no changes to the scheme that has been running since September, other than extending the end date to 31 January 2018.
The specific allowance amount depends on the new model being purchased, from £1,000 for a C-HR up to £4,000 on offer for a Land Cruiser. Some base model specifications and the new Yaris GRMN are not included in the offer.
To be eligible, your part-exchange vehicle must be at least seven years old, with no limits on whether it’s petrol or diesel, or whether it’s Euro 5 or not. The offer is only applicable if your car is worth less then the scrappage allowance, otherwise it will be handled as a normal part-exchange.
The allowances for each model in the Toyota range are as follows:
The Car Expert checks the 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 at least seven years old.
- 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 six months, to stop people buying an old banger for £200 and then getting a £2,000 part-exchange allowance for it.
- The scrappage price is fixed for any car part-exchanged as part of the scheme, not an allowance on top of the car’s value. You are effectively getting nothing for your car, but a discount on the new car (although it won’t be written that way on the contract).
- You must order your new car and take delivery by 31 January 2018.
- This offer cannot be used on top of any other offers from the dealer/manufacturer/finance company.
- The offer is not dependent on you taking any finance package or other products.