Surge in demand for greener cars pushing up price of second-hand EVs

Madeleine Cuff
clock • 2 min read

Analysis from CarGurus finds some second-hand EVs have increased in value by as much as 18 per cent over the past 10 months

The value of second-hand electric cars is rising as demand for low-emission vehicles outstrips supply in the UK, fresh analysis from car resale site CarGurus revealed this week. In a reversal of industry...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Uber rolls out tyre discount for London EV drivers

Uber rolls out tyre discount for London EV drivers

Ride hailing giant partners with sustainable tyre company ENSO to support its efforts to make London 'global capital of electrification'

clock 11 September 2025 • 2 min read
'No longer a dream but a reality': Polestar launches Polestar 5

'No longer a dream but a reality': Polestar launches Polestar 5

Luxury EV maker unveils latest models boasting up to 650kW power and the ability to reach 62mph in 3.2 seconds

clock 09 September 2025 • 2 min read
OVO launches 'all-in-one' app to combine public and home EV charging

OVO launches 'all-in-one' app to combine public and home EV charging

Energy firm launches new app, as study finds eight-in-10 EV drivers say public charging needs to be more user friendly

Stuart Stone
clock 09 September 2025 • 2 min read