EV profit margins rising at Dealer Auction
Data from the latest Dealer Auction EV Performance Review (EVPR) has revealed strong EV profit margins during April.
Bids for alternative fuelled vehicles rose from 5,772 in March to 5,968 last month, with the average age remaining at just 3.4 years and average mileage recorded at 30,253.
In terms of the best-performing trade-to-trade models in April 2025, EVs had an impressive month, with two top 10 entries for volume the All-New Nissan LEAF and Kia Niro came in at fourth and fifth place respectively.
The CAP Clean performance chart was widely dominated by hybrid vehicles, but the electric Volkswagen ID.4 did secure a top 10 position.
But it was the assumed gross margin chart where EVs showed their dominance, securing 60% of chart positions for the first time since November 2024. The line-up included the Tesla Model Y (second), Hyundai IONIQ 5 (third), GWM Ora Funky Cat (fifth), Volkswagen ID.3 (seventh), Volkswagen ID.4 (ninth) and Tesla Model 3 (tenth).
Dealer Auction’s Marketplace director Kieran TeeBoon said: “It’s great to see consistent patterns emerging across the EV market, giving dealers a clearer picture on the EVs to sell.
“Following the VED changes at the start of the month, the sales figures have remained strong and encouraging. It will be interesting to see if success continues to build. We’re seeing some strong patterns and preferences emerge in the AFV market and it’ll be interesting to see if this is replicated in next month’s statistics.”
