UK Used EV Sales Surge as Secondhand Prices Approach Parity with Gas Cars
UKSMMT
Secondhand electric vehicles are finding renewed demand as prices stabilize and begin closing the gap with comparable gasoline and diesel models. According to recent SMMT data, used EV transactions jumped 67% year-over-year in the UK during the second quarter. With an influx of diverse off-lease models entering the market, budget-conscious buyers are finding stronger value propositions than ever.
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