The UMP is a pale shadow of a MP5. The UMP sucks in semi, it sucks in auto. It sucks, then it blows.
You can get a Turkish MP5 (AP5/AP5sd/etc) for just under $1,000. I have an AP5, which looks great and shoots well. That puts it in the same cost realm as the Scorpion. The factory trigger even sucks as much as a Scorpion's trigger.
The MP5 has the classic cool factor, but everything is expensive or very expensive. Magazines are $35 for MKE versions or $80 for HK. It's very smooth compared to a straight blowback.
The Scorpion has a lot more modern features, like lrbho and easy optic mounting. Magazines are much cheaper and there's lots of aftermarket support.
For the cost of a SP5, you can own both.