UK used electric vehicle sales hit record last year as prices fell
Secondhand market thrived as sales of new EVs also reached highest levels to date, SMMT trade body saysBusiness live – latest updatesA record number of used electric vehicles (EVs) were sold in the UK last year, as prices eased and the choice of cars widened, according to industry data.Total sales of used cars rose by 5.5% in 2024, as 7.6m vehicles changed hands, according to the Society of Motor Manufacturers and Traders (SMMT). Sales rose in every month last year, as they did in 2023. Continue reading...
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Secondhand market thrived as sales of new EVs also reached highest levels to date, SMMT trade body says
A record number of used electric vehicles (EVs) were sold in the UK last year, as prices eased and the choice of cars widened, according to industry data.
Total sales of used cars rose by 5.5% in 2024, as 7.6m vehicles changed hands, according to the Society of Motor Manufacturers and Traders (SMMT). Sales rose in every month last year, as they did in 2023. Continue reading...