A record number of used electric vehicles (EVs) were sold in the UK last year, as prices eased and the choice of cars widened, according to industry data.
Total sales of used cars rose by 5.5% in 2024, as 7.6m vehicles changed hands, according to the Society of Motor Manufacturers and Traders (SMMT). Sales rose in every month last year, as they did in 2023.
Secondhand EVs were more in demand than ever, as consumers and businesses acquired 188,382 cars – 57.4% more than the year before. They made up 2.5% of the overall used car market.
Some popular models of used electric car, including the Tesla Model 3 and Kia e-Niro, have fallen significantly in price in recent years, and in some cases reached near parity with petrol cars.
Colin Walker, the head of transport at the Energy & Climate Intelligence Unit, said: “It is no coincidence that such strong sales growth comes on the back of EVs largely reaching price parity with petrols on the secondhand market. It demonstrates that once prices come down, the demand for electric driving is very much there.”
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