EVs take record share of used car market
Electric cars now make up 4.0% of used car sales in the UK, with 80,614 sold last quarter despite government tax plans that may slow growth.
- In the three months to the end of September, 2,021,265 used car transactions were recorded in the United Kingdom, with pure electric models reaching a 4.0% market share, up from 2.8% last year.
- Figures from the Society of Motor Manufacturers and Traders show 80,614 pure battery electric cars were sold between July and September, driving rising consumer preference for electric vehicles.
- SMMT chief executive Mike Hawes warned tax on vehicles from Employee Car Ownership Schemes could hamper electric motoring, adding that a robust used EV market is essential for fleet renewal.
- Chancellor Rachel Reeves is reportedly considering a 3p per mile charge on electric car drivers from 2028, potentially affecting six million drivers and costing around £12 for a London–Edinburgh trip.
- The policy is expected to close Employee Car Ownership Schemes, risking consumer choice, affordability, and decarbonisation while stifling supply and cutting Exchequer revenue.
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Britain's used car market grows for 11th straight quarter, EV sales hit record
LONDON, Nov. 10 (Xinhua) -- Britain's used car market expanded for the 11th consecutive quarter between July and September, with battery electric vehicle (BEV) sales hitting record levels, the Society of Motor Manufacturers and Traders (SMMT) said Monday. Read full story
EVs take record share of used car market
One in 25 used car buyers are choosing an EV.
Used EV market enjoys record uptake to take 4.0% market share
The UK’s used car market grew by 2.8% in the third quarter to reach more than two million (2,021,265) transactions, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).It was the best third quarter since 2021, and marks an 11-quarter growth streak, driven by recovery in the new car market enabling a healthy supply of stock.Petrol remained the best-selling fuel type in the quarter, with transactions …
1 in 25 used cars is now an EV
Used car sales grew 2.8 percent in Q3 of 2025, topping two million transactions for the first time since 2021. With 2,021,265 second-hand cars changing hands, it means the used market has now grown for 11 quarters in a row. This, says the SMMT, is thanks to improved new car supply as post-pandemic shortages eased. It’s also a result of cash-strapped motorists switching to used cars to offset rising new car prices. More than 1.1 million used cars…
Second-hand EV sales soar 44% as used car market surges
Britain’s used car market demonstrated robust health in the third quarter, with sales rising 2.8% to surpass two million units for the best quarterly performance since 2021, according to the Society of Motor Manufacturers and Traders (SMMT). The milestone marks an 11-quarter growth streak, driven by increased new car supply feeding healthy stock levels into the secondhand market. Battery electric vehicles (BEVs) led the charge with a remarkable …
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