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The average price to haul away an old asphalt driveway and replace it with a new one is around $5,000, based on several factors. âTypical life expectancy of an asphalt driveway is 15 years,â says Ron Reibling, owner of Aurora Asphalt & Sealcoating in Champlin, Minnesota.
The 2-inch-thick layer of blacktop should be fine as long as the gravel base is installed correctly. Adding extra blacktop thickness will not significantly extend the life of the surface. If any utility trenches cross the driveway, be sure they are filled with gravel or a structural fill material.