Last year there was a record EV sales in the UK with 59,945 EVs registered during the year. In December, electric vehicles accounted for 3.8 percent of the UK market share, with nearly 5,500 electric vehicles registered in the final month of the year.
This surge in popularity coincides with the government’s impending 2030 ban on the sale of new gasoline and diesel cars.
While many motorists believe that electric cars are the future, there are still concerns about their state in the present.
The used car market in Great Britain closed the past year slightly with a difference of 2.1 percent compared to the previous 12 months.
One spike in the industry, however, was sales of hybrid, plug-in hybrid, and battery electric cars.
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Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT), spoke about the development.
He said, “It is encouraging to see more used car buyers buying low-emission vehicles as the supply increases – but those sales remain small relative to the overall market.
“We still need the right government policies and incentives to give new car buyers the confidence to choose the cleanest gasoline, diesel and electric models that best suit their needs so that even more drivers can take advantage of this exciting technology, since they will be on the used market in the coming years. “
Motorparks, the used Ford dealer, analyzed the used car market to see if it was worth it for motorists to buy a used electric vehicle.
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New cars are still very popular thanks to constant technology updates and security measures, but around 20 percent of the value of a new car is lost immediately when it leaves the forecourt.
This has resulted in nearly three used cars being sold to every new vehicle in the UK.
Another advantage of buying a used car is that the factory warranties are even longer than before, which increases the attractiveness of a used car due to its longevity.
When buying a used car, impatient drivers can usually drive straight from the forecourt.
“Many of the reasons to choose this route are the same as buying a new one, including the positive impact these vehicles have on the environment compared to gasoline and diesel vehicles.
“The biggest stumbling block for the quarter that hampered the purchase of a used electric vehicle was price.
“Thanks to new technological advances, experts claim, a battery pack in an electric car does not need to be replaced for between 10 and 20 years and can travel around 150,000 miles.
“Of course, in addition to the good price-performance ratio and high durability, zero emissions are a big advantage when buying an electric car – both new and used.
“With increasing new sales of electric vehicles, in the run-up to the ban on new petrol and diesel models, we will certainly experience an increase in used sales.”
