Used electric vehicles have recorded their first price rise of 2024, latest data from Aston Barclay shows.
Used EV prices slumped further in the second quarter of 2024, according to the latest Aston Barclay Market Insights report.
The used EV market remains highly volatile, showing a big slump in average values but growth for younger models.
The shortage of new sub-£25,000 electric cars gave the used EV sector a welcome boost in Q4, according to Aston Barclay.
Aston Barclay has appointed its first-ever EV lead as part of its plans to become a leading destination for electric vehicles.
Larger premium SUVs were the most in-demand ICE used cars in August but slightly older and lower value EVs and hybrids also proved popular, according to Aston Barclay.
Used vehicle prices for some EVs are showing signs of being on par with their ICE equivalent for the very first time, helping to drive buyer interest, according to Aston Barclay.
The number of used hybrid and electric vehicles going through auction halls has doubled in just over a year, according to the first Aston Barclay Used Market Insights report.
Aston Barclay has installed twin electric vehicle chargers across its network to ensure the company is fully prepared for the growing number of electric and plug-in hybrid models set to through the