Demand for used BEVs continued to rise in 2024, up 57.4% to a document 188,382 items yr on yr.
BEV market share rose 2.5%, up from 1.7% in 2023 and 13 instances bigger than again in 2019, based on figures from the Society of Motor Producers and Merchants (SMMT).
Gross sales of plug-in hybrids (PHEVs) and hybrids (HEVs) additionally grew, up 32.2% to 92,120 items and 39.3% to 306,114 items yr on yr.
Total, the UK’s used automotive market grew by 5.5% to 7,643,180 transactions in 2024, based on the most recent figures revealed in the present day by the
Marking eight quarters of steady progress, the yr noticed 400,488 extra autos change fingers than in 2023, with progress within the new automotive market fuelling availability and wider alternative inside the used sector.
The highest three well-liked physique sorts remained the identical for one more yr, with superminis taking the highest spot, accounting for one in three (32.3%) of all used automobiles bought in 2024.
Decrease medium held second place, with a 27.1% share of the market and twin objective autos rounded off the rostrum, making up 15.9% of gross sales.
Twin objective recorded the strongest rise in volumes, up 10.7%, reflecting they’re now the bestselling phase within the new automotive market. On the different finish of the spectrum, luxurious saloons represented simply 0.5% of the market.
Whereas gray remained hottest within the new automotive market, black automobiles had been favoured amongst used automotive patrons, with greater than 1.6 million (21.3%) choosing the color.
Gray was second, with a 17.6% share and blue third, taking 16.2% of gross sales. Mixed, the highest three hues accounted for greater than half (55.1%) of all automobiles bought.
“Record sales of second hand EVs also demonstrates strong appetite for these cutting-edge cars at lower price points.”
