Data from AutoTrader found a used electric car takes just 26 days to sell, two days after than a second-hand petrol model which leaves forecourts after 28 days. Second-hand electric models are now selling at around 41 percent faster than at the start of the year.
“If the government is serious in its ambition, it will need to do a lot more to make EVs financially accessible to more than just the most affluent.
“It would do well to take the lead from other European markets which are applying a smarter approach to incentives and a more comprehensive set of enabling policies.”
According to AutoTrader, the average sticker price for a nearly new electric model under 12 months old was 47 percent more expensive than its petrol or diesel equivalent.
A one-year-old model was 40 percent more expensive while electric cars two years old were still cost 39 percent more.
“But as these cars start to trickle into the used car market, we might need to see some different incentives there to give used buyers confidence to switch.
“That might be things like guaranteeing the battery will definitely last for another 10 years.
“It might be support for the purchase price or means-tested loans.”
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