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Used car market sees ‘surge in interest’ in sub-£10k EVs with rising fuel prices
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Used car market sees ‘surge in interest’ in sub-£10k EVs with rising fuel prices
The used market is seeing a “surge in interest” from dealers to buy sub-£10,000 used EVs following the rise in fuel prices caused by the Middle East conflict. Shoreham Vehicle Auctions (SVA) has seen every used EV below £10,000 find a buyer in its weekly Monday dealer part exchange and Thursday fleet and finance sales. Every EV has received multiple bids and wholesale prices are now rising as dealers buy cars to satisfy a growing consumer demand…
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