Most consumers is not going to think about used EVs regardless of drops in costs and improved provide, in response to JudgeService analysis which polled the views of 5,789 consumers
Simply over half should not contemplating buying a used EV and just one in 5 (20%) stated they might.
Neil Addley, MD of JudgeService, stated: “There’s no getting away from the truth that used EVs are a troublesome promote for a lot of sellers. This isn’t helped by the notion amongst customers that costs are nonetheless too excessive.
“Nevertheless, for sellers pricing is a barrier they will deal with as retail costs have fallen dramatically during the last 18 months, leading to higher EV parity with comparable combustion engine fashions.
“The sellers who efficiently talk this to prospects by advertising and marketing and nose to nose conversations are those attaining incremental used EV gross sales successes.
“Buying an EV is not for everyone, but as used volumes steadily grow, understanding and overcoming the main objections could make all the difference.”
Older consumers had been probably the most reluctant to purchase EVs. Greater than half of these aged over 56 stated they might not think about one.
The age group most definitely to contemplate shopping for an EV was 26-35 12 months olds.
High three obstacles to EV consideration remained unchanged YoY. Price of buy (51%), down from 63% in 2023, adopted by inadequate public charging factors (45%), down from 58% final 12 months, and vary nervousness (40%) down from 46% final time.
The one notable enhance YoY was belief in EV know-how, a priority for twenty-four%, up from 19% final 12 months.
