I am reviewing replacing my 1998 Toyota Avensis with a diesel/low tax model as I have a daily commute of 60 miles. Option A is to go for a Corolla diesel under the scrappage scheme or buy second-hand from around 2007/08. Is the scrappage real value and what is the best scrappage deal avaialble? Or is a second hand model a better option if I can trade in my avensis?
Filed under choosing new car - Asked by Pat Cuddy (Ennis) - Fri, 18 Mar 2011 09:47
For a start, looking at the prices of 1998 Avensis models, you would most likely be better off going with the scrappage scheme. You can get €3,360 off the price of a new Corolla, which is much more than you could hope to get for either selling your 1998 Avensis privately or trading it in against an older second-hand model. The cheapest new Corolla you can get is from €17,775 with scrappage.
If you decided on a 2007 or 2008 model then you might get €2,000 for your 1998 Avensis. The 2008 Corolla diesel would cost you €14,750 and a 2007 model would cost you €11,995 or perhaps €9,995 with your Avensis. Obviously these are our estimates on values.
The choice depends on your budget, but if you want to keep your overall costs down then I think the 2008 model would probably be your best bet because you would avail of the new tax system and you could perhaps sell a 2008 model on again easier. If you have access to the money though, you might just want a brand new car!Answered by: Complete Car Adviser