Used EV Prices Rise As Demand Outstrips Supply

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  • #78050 Reply

    Prices of second-hand electric and hybrid vehicles are soaring as demand outstrips supply, according to one of the country’s largest used-car marketplaces.

    Auto Trader says electric vehicles – also known as EVs – are rocketing in value, with prices growing 11 percent. In contrast, the average price growth rate for all vehicles has slowed to 1.5 percent – the lowest rate for almost two years.

    The figures come from the company’s Retail Price Index, which measures changes in used car prices. The firm says the index has revealed an “easing” in price growth over the past few months, what with the pressures of economic and political uncertainty. However, diesel seems to have been the key casualty, with prices of used diesel cars growing by just 1.3 percent. As a result, the average price of a second-hand diesel now stands at £14,306, which represents the lowest level since August 2017.


    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

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  • #78053 Reply

    I can see taxi drivers buying used ev left right and centre. There are a lot of Prius used as taxi and few leafs around here

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