Used cars: Price gap between EVs and ICE equivalents is closing

CarGurus: Buyers of second-hand electric vehicles could save an average of £2,560 over combustion engine equivalents

Used combustion engine models are on average £2,560 more expensive than equivalent electric models from the same manufacturer, which is a difference of 10%.

CarGurus, an automotive marketplace, analysed the average prices of electric vehicles (EVs) that offer equivalent fuel-powered models from the last four model years to determine which option provides the best value.

The study examined second-hand vehicle listings from the UK’s top 30 manufacturers, comparing those that offer...