EV from a car supermarket - risky?

EV from a car supermarket - risky?

Author
Discussion

Tim O

Original Poster:

610 posts

182 months

Monday 23rd December 2024
quotequote all
I'm looking to buy an EV of some sort in the early new year and have been online window shopping. Plenty of choice in my budget of £25-30000 and most likely to purchase a Hyundai Ioniq 5, but where from?

Places like Carbase, Car360, Syner Select etc, have plenty of stock and are cheaper than franchised dealerships, maybe £1500, for similar spec cars, but is this false economy. Car and batteries will still be under Hyundai warranty but does it get messy if you need to claim and vehicle was not sourced through a main dealer?

I'm a natural pessimist, I assume it will go wrong, and saving a £1000 might be false economy.

Thoughts?

TheDeuce

27,699 posts

79 months

Monday 23rd December 2024
quotequote all
You should be fine, the warrenty is in place - just check the service record meets warranty requirements etc, the same as with any used car.

Although tbh I'd be quite surprised if at least one mainstream dealer couldn't just price match if the cars are similar spec. They'll have the margin to do that and it's better than losing the sale if you're plainly going to buy the 'same car' elsewhere if they don't.


Tim O

Original Poster:

610 posts

182 months

Monday 23rd December 2024
quotequote all
Thanks for the reply. Is it just a matter of checking the service book to see who carried out the work?

TBH it's difficult to compare prices exactly, mileages are different, paint, some have extras, and so on.

The one from the supermarket is only 16000 miles, two year old, battery condition 100%, so ought to be fine.

ClarkA

832 posts

213 months

Monday 23rd December 2024
quotequote all
TheDeuce said:
You should be fine, the warrenty is in place - just check the service record meets warranty requirements etc, the same as with any used car.

Although tbh I'd be quite surprised if at least one mainstream dealer couldn't just price match if the cars are similar spec. They'll have the margin to do that and it's better than losing the sale if you're plainly going to buy the 'same car' elsewhere if they don't.
I’ve just bought an EV this week and one thing that amazed me was the complete refusal from multiple dealerships to move on price at all - not even by a couple hundred quid.

Sheepshanks

36,712 posts

132 months

Monday 23rd December 2024
quotequote all
If you buy a “Promise” car from Hyundai dealer they give it a new 5 yr warranty. If you use their finance you get a free charger - think that ends at the end of the quarter but they usually carry it on.

If the warranty is of interest then make sure the car has it - I found not all cars qualified and weirdly some dealer sales people didn’t seem aware of the scheme.

Even if you’re not looking at Promise cars, everything else should be a lot cheaper to reflect not having that warranty.

anonymous-user

67 months

Tuesday 24th December 2024
quotequote all
Sheepshanks said:
If you buy a “Promise” car from Hyundai dealer they give it a new 5 yr warranty. If you use their finance you get a free charger - think that ends at the end of the quarter but they usually carry it on.

If the warranty is of interest then make sure the car has it - I found not all cars qualified and weirdly some dealer sales people didn’t seem aware of the scheme.

Even if you’re not looking at Promise cars, everything else should be a lot cheaper to reflect not having that warranty.
Do you keep the perks if you withdraw from the finance?
In Sept I purchased an 8 month old Skoda Enyaq.
Signed up to the PCP as got £1k off & 2 services. Withdraw after a few days, keep the perks. 30 days to pay up (or cheaper bank finance). No fees.

this is my username

305 posts

73 months

Tuesday 24th December 2024
quotequote all
James6112 said:
Do you keep the perks if you withdraw from the finance?
In Sept I purchased an 8 month old Skoda Enyaq.
Signed up to the PCP as got £1k off & 2 services. Withdraw after a few days, keep the perks. 30 days to pay up (or cheaper bank finance). No fees.
Did the same when I bought my i-Pace as approved-used from a main dealer. The £2k deposit "contribution" 2-year warranty and free charger made it a less expensive deal than buying from elsewhere. Took the minimum finance to qualify for the deposit contribution (about £2k I think), paid it off after a month. Dealer was quite happy to set it up and said it was done frequently.

horaldo72

24 posts

175 months

Saturday 25th January
quotequote all
Sheepshanks said:
If you buy a “Promise” car from Hyundai dealer they give it a new 5 yr warranty. If you use their finance you get a free charger - think that ends at the end of the quarter but they usually carry it on.

If the warranty is of interest then make sure the car has it - I found not all cars qualified and weirdly some dealer sales people didn’t seem aware of the scheme.

Even if you’re not looking at Promise cars, everything else should be a lot cheaper to reflect not having that warranty.
Was also considering a used Ioniq5 but dealer told me today the promise 5 year warranty has been/is being discontinued. This would certainly put me off buying a 71 plate car….

Sheepshanks

36,712 posts

132 months

Saturday 25th January
quotequote all
horaldo72 said:
Was also considering a used Ioniq5 but dealer told me today the promise 5 year warranty has been/is being discontinued. This would certainly put me off buying a 71 plate car….
It's still on their website - but the charger offer says it expires 5th Jan 25 so hasn't been updated. Last quarter it was updated within a few days.

I found not all dealer cars were "Promise" anyway, and at some dealers they seemed unsure about the scheme. I got fed up with the dealers just being arses generally - specs on nearly new cars were often wrong etc - I and got offer on a new one (in our case a Kona Ultimate) from a broker that I was happy with.

Tim O

Original Poster:

610 posts

182 months

Saturday 25th January
quotequote all
After enquiring with a Hyundai dealer about continuation of warranty for a car bought from a non-Hyundai dealer (would be honoured provided it was on time and used genuine parts) the sales fellow asked what I was looking for and why wasn’t I buying from them. He explained that main dealers were regularly offered ex-fleet/staff vehicles direct from Hyundai UK. A short discussion and he sold me an ex Hyundai UK car which met my spec precisely. Ioniq 5, Ultimate! AWD, Tech and Eco packs. Shooting Star Grey.

The clincher for me was that as of known history, and under 3 years old, it could be sold with a ‘Hyundai Promise’ fresh full five year warranty. Battery warranty remained at 100000 miles from new, so 80000 miles left on it in my case.

So for Hyundai Promise it has to be under 3 years old. I didn’t use finance so charger deal was not offered.

Edited by Tim O on Sunday 26th January 09:02