Tesla Model 3 most popular used car in March
The Tesla Model 3 was the UK’s fastest-selling used car under four-years of age in March, according to the latest Indicata Market Watch report.
The data also revealed that the Nissan Qashqai was the second fastest-selling model last month, followed by the Volvo XC40.
The Vauxhall Corsa was the top selling used car, followed by the Nissan Qashqai.
Meanwhile, electric vehicles made up 6.28% of the UK’s used market during March, more than double the same period in 2024. This is despite a fall in values of just 0.6% from February to April, compared to a 40% drop from January 2023 to July 2024.
Dean Merritt, Indicata UK’s head of sales, said: “This strong sales performance of used BEVs is despite the majority of dealer stock being the previous generation of technology where range and charging speeds are behind the current new BEVs being offered for sale.
“It is still too early to see how the recent changes to the Zero Emission Mandate legislation will impact the used market. Dealers need to keep stocking BEVs and offering attractive finance deals to drive consumer interest.
“Used car volumes will continue to increase in line with rising new BEV sales in 2021 and 2022 so dealers will have to be ready to absorb these cars in line with an anticipated rise in retail demand.”
