SunnySideUp

At a time when us Scooby lovers are witnessing falls in value of new Imprezas of £1000 a month during the first year ... this offer is quite staggering, in comparison!

And I quote:-

"The 'Happy Returns' scheme offers existing scrappage customers who bought a new i10, i20 or i30 last year a brand new Hyundai with the new '10' registration this March.

Buyers can swap their car any time up until its first anniversary, saving owners the cost of the first service and the cost of renewing their tax disc. The new car will have the full five-year warranty offered by Hyundai.

Customers will have to pay only £499 for a new i10, £599 for an i20 and £749 for an i30, and are able to trade up and down the range if they wish.

Taking into account the savings on servicing and tax, that could be a cost to change of around £250 – which works out as just £20 per month in depreciation"

There will be a lot of nearly new cars at the Hyundia dealers after this, not sure what that will do to values.

NotoriousREV

The problem with this for the owner is that at the end of it all, they end up with a Hyundai.

SunnySideUp

Point taken and I would have knocked them and the Kia's too ...... until recently, they have really got their act together - the equipment levels on these cars makes the Subarus look like 1920's tractors!!

You may well be surprised at how far these cars have come ..... remember, Subaru was being laughed at before the Impreza Turbo came along and won the Rallies. Yes, it's being laughed at now for other reasons like big spoilers, exhausts and Kocklinks ... but hey-ho

NotoriousREV

They're cars as white goods. If you've no interest in cars, driving or image then they're ideal. Can't see there being many takers on here, though

dpb

clearly its not 1000 a month

The hyundais look fine to me

Leslie

I find it difficult to believe that would be particularly advantageous to Hyundai. Maybe they want to flog a load of cars before new models come out. They must have some kind of arrangement to flog the exchanged ones as a job lot.

Les

dpb

If the product is very good i guess the idea is simply to win over as many converts as possible to the brand

SunnySideUp

Just had a chat with a mate who bought a new 10i for his missus last year - he said that they were hunting high and low for a nearly new one ... there were none about, even a national dealer search failed to find one they wanted.

So, I guess Hyundia know that they have ready customers for nearly new cars once the scrappage scheme ends? Would make excellent business sense.

SunnySideUp

I was just taking the STi 330S as an example ..... £32,000 new - after 12 months they are about £20,000? (maybe even less if the Engine issues are genuine?) - unless I'm wrong on my figures?

SunnySideUp

You don't think the Impreza has a good image still - do you?

Don't get me wrong, I love the Scooby ...... but the icon image has long since faded into the shadows.

NotoriousREV

I don't but some people do

SunnySideUp

Some people do, you are right:-

Xx-IAN-xX

They the grandkids ssu

scooby1929

iTrader: (1)

Just reading that there is interesting!! I bought an i10 under the scrappage scheme last year as a wee runabout so can keep scooby good!! Its actually a good wee car for just goin to work and back

SunnySideUp

Go get a new one!!

It will only cost you £250 in real terms!!

AND you get another 5 years warranty!!

jods

The difference between a Hyundai and a sheep?







I'd be more embarrassed if I was seen in the back of a Hyundai!

scooby1929

iTrader: (1)

Definately will be getting a new one!! Will change mine just before its a year old

Xx-IAN-xX

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Never buy a car you can't push.

SVXNUT

When shopping in the scrappage scheme for my mother, we test drive an i10. I am quite sure the gearbox came out of a 1980's ford, the dogleg large swing type. Had to double de clutch to get it in gear without a graunch. Bought a Ford Ka for £4995 instead. If we cleared the finance we could sell that for a profit now.