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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.
In fact, most driveway contractors can come in, clean the old surface and chip away at the edges to make sure you get good adhesion of the new topcoat, roll on a new surface and be gone in less than 1 day! The cost, is even more attractive at just $1.65 â $2.40 dollars per square foot. Of course, the price for a topcoat will vary by location and the condition of your existing driveway. Itâs always important to get 3-4 asphalt driveway price quotes before ever signing a contract!