IONIQ 5 is sold. Did we make a profit?

Video by Andrew Till / Mr. EV via YouTube
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After a less than a year of ownership, IONIQ 5 has now found a new home. 😭

Here’s how the sale went, including the difficulties of selling a car with outstanding finance, and how much it cost us in the end (including fixing the alloy wheel I stupidly scratched).

I’m so sad to see it go. Wonderful machine.

What I didn’t mention in the video was the terms of the PCP deal we got. It was direct with Hyundai Finance (through the dealer).

37 months
36 monthly payments of £500.41
Balloon payment: £23,567.52

Cash price (including VAT): £49,168.00
Advance payment: £12,000
Amount of credit: £37,168.00
Total amount payable: £53,582.28

Total interest: £4,414.28

Interest on the amount of credit: 2.47%
APR: 4.8%

Obviously we terminated the deal early so that’s all moot, but I thought I’d mention it if you’re interested!

Tweet me: https://twitter.com/tillathenun

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#IONIQ5

Chapters:

00:00 – Tesla studio
00:40 – Costs
01:28 – Alloy there
02:46 – Obscene clean
04:18 – Selling process
05:53 – Selling a car with outstanding PCP finance
08:43 – Profit
11:10 – Final stats
13:33 – Concluding thoughts
16:11 – It’s an emotional moment

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