Used electric market continues to mature as price drops fuel consumer demand
Upfront price has long been the biggest barrier to mass electric car adoption, and in the UK where the majority of us buy second hand cars, it was clear that the used market would be vital to support the transition.
Plummer continued:
“The great news is that our data suggests that a healthy 34% of consumers are considering an electric vehicle for their next car, and with prices beginning to reach parity the total cost of ownership benefits will make making the switch an even easier decision.
“With benefits such as lower running costs (for those that can charge at home), no more petrol station trips and even the enjoyment of a cleaner and quieter ride, it’s no wonder drivers are keen to electrify.”
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