noun
the act of discarding or destroying something, typically a vehicle, in order to replace it with a new one
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The government announced a new scrappage scheme to incentivize people to trade in their old vehicles for more environmentally friendly options.
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My neighbor took advantage of the scrappage program and got a good deal on a new car.
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I heard there's a scrappage deal going on at the dealership, might be worth checking out.
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She decided to do a 'scrappage' of her old wardrobe and donate all her clothes to charity.