Used combustion engine fashions are on common £2,560 dearer than equal electrical fashions from the identical producer, a distinction of 10%, in line with CarGurus.
The automotive market analysed the typical costs of EVs that supply equal fuel-powered fashions from the final 4 mannequin years. The examine examined second-hand automobile listings from the UK’s prime 30 producers.
Chris Knapman, CarGurus U.Okay. editorial director, mentioned: “Our analysis exhibits simply what good worth some used EVs at present symbolize, together with long-range fashions such because the Skoda Enyaq and Jaguar I-Tempo. Whereas it’s no secret that, proper now, electrical automobile possession received’t work for everyone, it’s equally true to say that it may be a unbelievable match for lots of motorists.
“With the potential for 1000’s in financial savings over an equal petrol or diesel mannequin, mixed with decrease working prices, there’s by no means been a greater time to contemplate EVs on the used market.
“What’s more, it’s not only the pricing that is currently very attractive: compared with the earliest EVs, where the range might be limited to under 100 miles, newer models have improved dramatically with greater ranges, faster charging, and stronger performance.”
Skoda, Mazda, VW, Jaguar, and Renault provided the best number of standalone electrical and comparable fuel-powered fashions.
The EV that introduced the best worth in opposition to its ICE various was the 2021 Mazda MX-30, accessible for 28% lower than the ICE various CX-30 (a mean of £12,180 vs. £16,960 as of year-end 2024).
The 2021 Jaguar I-Tempo was 22% lower than the F-Tempo from the identical mannequin 12 months (£25,629 vs. £33,012), and the value of the 2022 Skoda Enyaq was 19% lower than the 2022 Skoda Kodiaq (£23,056 vs. £28,307).
CarGurus concludes that prospects in search of the most effective worth used automobiles ought to select a 3 to 4 12 months previous EV.
