Tag: used cars
Demand for used EVs rises to record levels as second-hand car market grows in 2024
Used car transactions grew 5.5% in 2024 after eight consecutive quarters of growth, with 7,643,180 vehicles changing hands. Pre-loved EVs boast record demand, rising 57.4% to 188,382 units and taking […]
Used car market hits five year high as EVs reach record share
The UK’s used car market rose by 6.5% in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, […]
EV used car sales soar 80%, but still less than 2% of market
The UK’s used car market rose by 4.1% during the second quarter of the year, with 1,832,267 units changing hands, according to the latest figures published by the Society of […]
UK’s used car market grows, increased demand for EVs
The UK’s used car market grew 4.1% in the first quarter of 2023 following three successive quarters of decline, according to the latest figures published today by the Society of […]
Demand for used EV surges, despite 6% drop in used car market
Demand for used battery electric (BEV) and plug-in hybrid (PHEV) vehicles continued to grow in Q3, despite an overall drop in used car sales, according to the latest figures from […]
