Used electric vehicle sales set new sales record

Used electric vehicle sales hit record volumes in February, according to the latest data released by Marketcheck.

It has reported that 22,381 used electric vehicles were sold across the month, surpassing the previous record of 22,200 set in August last year.

The figures underline the rapid expansion of the used electric vehicle market, with sales more than doubling in just two years. Monthly sales averaged around 7,000-8,000 vehicles in late 2023, rose to around 13,000-15,000 in 2024, and regularly exceeded 20,000 per month throughout 2025 and early 2026.

It is now predicting further growth in March as a result of rising petrol and diesel prices.

Major milestone

Alastair Campbell, Marketcheck UK, said: “February 2026 marks another major milestone for the UK’s used EV market, with the highest number of vehicles ever sold in a single month.

“What we’re seeing now is the second-hand EV market becoming firmly established. As more electric vehicles enter the used car pool and prices continue to become more competitive, demand from buyers is clearly accelerating.

“The effect on pump prices is not reflected in these figures, so next month’s analysis will be very interesting to see if increasing petrol and diesel costs create higher demand as the war in Iran continues to create uncertainty.”

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