IONIQ 5 N - Potential leasing issue w/ Tusker?

[Sebbak]

Just thought some may find the info relevant or helpful, apologies if not, but I've been told by Tuskers that on my salary sacrifice option through work that they will not be allowing orders of the IONIQ 5 N as it is being put through as retail only option. Not sure how accurate this is (I've never tried to lease a vehicle or use salary sacrifice schemes before, so is this a known thing to happen with other vehicles?), but it's certainly disappeared from my choice list of vehicles/the website and they said that if I tried to complete my original quote, then the order would be cancelled as a result and they seem very clear that it's extremely unlikely to just appear again.

Dunno if that's just a Tusker thing, or a wider thing that's going to start being updated elsewhere, but at the moment I'm just moping about like someone's piddled on my chips as a result lol.

Just thought I'd mention it as it might be worth checking with other similar leasing groups if you have your eye on it just in case and reading another thread, this seemed like a popular option to obtain the vehicle. Anyway, thought it might be helpful to let people know.

Edit - Realised I've written Ionic and not Ioniq in the title!

Edited by Sebbak on Friday 5th April 17:01

[CG2020UK]

Still showing on Zenith for Net cost of £1,115.27.

Haven’t enquired further.

[Pistonheadsdicoverer]

Sebbak said:

Just thought some may find the info relevant or helpful, apologies if not, but I've been told by Tuskers that on my salary sacrifice option through work that they will not be allowing orders of the IONIQ 5 N as it is being put through as retail only option. Not sure how accurate this is (I've never tried to lease a vehicle or use salary sacrifice schemes before, so is this a known thing to happen with other vehicles?), but it's certainly disappeared from my choice list of vehicles/the website and they said that if I tried to complete my original quote, then the order would be cancelled as a result and they seem very clear that it's extremely unlikely to just appear again.

Dunno if that's just a Tusker thing, or a wider thing that's going to start being updated elsewhere, but at the moment I'm just moping about like someone's piddled on my chips as a result lol.

Just thought I'd mention it as it might be worth checking with other similar leasing groups if you have your eye on it just in case and reading another thread, this seemed like a popular option to obtain the vehicle. Anyway, thought it might be helpful to let people know.

Edit - Realised I've written Ionic and not Ioniq in the title!

Edited by Sebbak on Friday 5th April 17:01

I gave up on them... Too expensive...

[Sebbak]

CG2020UK said:

Still showing on Zenith for Net cost of £1,115.27.

Haven’t enquired further.

Oh wow, that's quite a bit more than was showing for me! Tusker had it for £749, which is admittedly still a lot obviously, but also far cheaper than any other leasing option I've seen, especially as it covers insurance, servicing, tyres (could probably reclaim half the monthly cost alone in tyres lol) etc.

Glad to see that some people might still have the option though!

[CG2020UK]

Sebbak said:

Oh wow, that's quite a bit more than was showing for me! Tusker had it for £749, which is admittedly still a lot obviously, but also far cheaper than any other leasing option I've seen, especially as it covers insurance, servicing, tyres (could probably reclaim half the monthly cost alone in tyres lol) etc.

Glad to see that some people might still have the option though!

Yeah Zenith is really poor in all honestly.

My wife is NHS fleet and their offers would be way better.

If I had that Tusker deal I’d order one tomorrow.

[Sebbak]

Yep, I was all over that order page like a rash, but then they killed it off

[kevburner]

its still showing on tusker for me , im really thinking about it , but just cant get my head around leasing a car for 4 years then giving it back , ill be earning 100k+ this year , alot of my co workers have cars through tusker and they swear they are saving loads as it keeps them below the 100k , im just happy with my f30 330 sport

[J1990]

kevburner said:

its still showing on tusker for me , im really thinking about it , but just cant get my head around leasing a car for 4 years then giving it back , ill be earning 100k+ this year , alot of my co workers have cars through tusker and they swear they are saving loads as it keeps them below the 100k , im just happy with my f30 330 sport

If these people are earning less than around 140k then this 'saving' they're talking about is nonsense. Of course it's worth sacrificing salary to save on the tax, doing that via an EV lease scheme is worth it if you're going to be spending on a vehicle of that rough cost anyway but for most people they'd be far better off sacrificing straight in to their pension for full tax relief and to benefit from years of compounding.
It's unfortunate but the net deductions might be less than what you'd end up paying normally but the gross costs a lot of the salary sacrifice providers are charging is absolutely insane - Even after accounting for insurance and maintenance.

[kevburner]

yes ive gone off the idea already , just needed someone to ell me

[CG2020UK]

J1990 said:

If these people are earning less than around 140k then this 'saving' they're talking about is nonsense. Of course it's worth sacrificing salary to save on the tax, doing that via an EV lease scheme is worth it if you're going to be spending on a vehicle of that rough cost anyway but for most people they'd be far better off sacrificing straight in to their pension for full tax relief and to benefit from years of compounding.
It's unfortunate but the net deductions might be less than what you'd end up paying normally but the gross costs a lot of the salary sacrifice providers are charging is absolutely insane - Even after accounting for insurance and maintenance.

I certainly don’t think you need to be on anywhere near £140k+ to come out ahead on these lease schemes.

I always advise people to run the numbers as ultimately maths doesn’t lie.

[Thekernal69]

The company I work for have signed up to Tusker but it isn’t live until the 1st August. I was wondering if anyone who access to Tusker could give me an idea on the cost for the Kia EV6 GT and the Hyundai Ionic 5 N?