Alternatively fuelled vehicles see margins rise by 13%
Retail margins of alternatively fuelled vehicles rose by nearly 13% to £3,049 at Dealer Auction in July.
Average sales prices were recorded at £14,813, with the average age of sold vehicles rising to 4.5 years and average mileage up to 43,686.
The data found that hybrid Volvo XC90 topped the charts with an average profit margin of £5,886, which was almost £2,000 above the second-placed Lexus RX (£3,993) and third-placed Tesla Model 3 (£3,986).
In terms of overall volumes, the hybrid Mitsubishi Outlander was the most popular model.
Steady demand
Dealer Auction marketplace director, Kieran TeeBoon said: “July has been a steady month for AFVs. It’s encouraging to see consistently favoured models continuing to deliver, while more EVs are charting highly across key performance metrics.
“It’s a clear sign that buyers know what they want; vehicles with a strong reputation for reliability and efficiency. This level of consistency suggests a mature market where trusted names continue to stand out.
“We’ll be watching closely to see whether these trends shift, and there’ll be more of a preference for EV vehicles following the introduction of the new EV grant.”
