EV from a car supermarket - risky?
Discussion
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?
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?
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.
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.
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.
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.
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. 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.
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.
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.
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?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.
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.
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.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.
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….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.
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.
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.
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
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