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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 price for an asphalt driveway varies by region but typically runs from $1 to $2.50 a square foot for the base coat. There is also an average cost of $1 to $2.50 per square foot for a basic topcoat.