25 Sep Demand for used EVs up 150% year-on-year In the UK says Octopus Electric Vehicles
(Oilandgaspress) 25/09/26, – Used EVs are reportedly finally catching up with the popularity of new electric cars, which have been growing rapidly over the last years. Drivers are increasingly turning to second-hand EVs as a more affordable way to access the latest technology and make the switch to electric.
EV-only retailer Car360 says the average time it takes to buy, prepare and sell a used EV has fallen from 57 days earlier this year to under 30 days today, while rival EV Experts has seen a similar shift.
The appetite for used EVs is not just being seen on forecourts.
Octopus Electric Vehicles, Britain’s biggest EV-only leasing business, has seen demand for used EVs jump by 150% year-on-year, as drivers look for more affordable routes to go electric.
Drivers are no longer just trying EVs — they are sticking with them
At Car360, Fewer than 2% of used vehicles are returned, with most returns linked to practical reasons like adjusting the car size to fit their lifestyle. Competitor EV Experts reports zero returns.
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