Electric cars will become 'most popular powertrain in next five years' as used vehicle sales spike

Electric cars will become 'most popular powertrain in next five years' as used vehicle sales spike

Electric cars will become 'most popular powertrain in next five years' as used vehicle sales spike - The UK's used car market has surpassed two million vehicles sold in the first quarter of 2025, marking the first time this milestone has been achieved since before the pandemic

CarMax Report: EV Searches Nearly Doubled In The Past Three Years

DETROIT – According to a report just released by CarMax, the largest used car retailer in the United States, consumers are warming to used EVs. The company, which sold 789,050 used vehicles, plus 544,312 wholesale vehicles through its 250 stores nationwide in 2024, released its EV Trends study this week, revealing the percentage of monthly searches filtered by “Electric Vehicle” on carma nearly doubled from January 2022 to February 2025. During …

Electric cars will become 'most popular powertrain in next five years' as used vehicle sales spike - GB News - WiredFocus

The UK’s used car market has surpassed two million vehicles sold in the first quarter of 2025, marking the first time this milestone has been achieved since before the pandemic. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), this represents a 2.7 per cent increase compared to the same period last year. The strong performance caps off nine consecutive quarters of growth for the used car sector. While petr…

Secondhand ELECTRIC Cars help drive used car sales over 2 million in Q1

Used car sales in the UK topped two million in Q1 2025 for the first time post-pandemic, with used EV sales up by 58.5%. There’s no doubt we’re living through a cost-of-living crisis at the moment, with most of us tightening our belts as prices rise despite inflation falling. So it’s no surprise that used […] The post Secondhand ELECTRIC Cars help drive used car sales over 2 million in Q1 appeared first on Cars UK.

More than two million used cars sold in Q1 2025

The used car market surpassed two million units in Q1 for the first time since before the pandemic, according to the SMMT.

Used EV sales rise by 58.5%

Battery electric cars recorded the highest growth in the used vehicle market, increasing by 58.5% to 65,850 units and a record 3.3% share of all transactions, according to new figures. The data from the Society of Motor Manufacturers and Traders (SMMT) also found that hybrids attracted record numbers of second and third owners, up 30.2% to 98,830 units, while 23,540 plug-in hybrids changed hands, up 14.0% on the same period last year. In compari…