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Used EV sales hit record levels

SMMT: Secondhand EVs soar by 57.0% to 53,423 units

Mark Moran
07 November 2024

 

The used car market grew by 4.3% between July and September, marking the seventh successive quarter of year on year growth, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).

Some 1,965,811 vehicles changed hands, with 81,651 additional transactions compared with the same period in 2023,2 following growth in the new car market.

A record 53,423 used battery electric vehicles (BEVs) found new owners, a jump of 57.0%, reflecting the largest-ever...

+87% more

 

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