EVs dominate fastest selling used car models
Nine of the 10 fastest selling used car models in May are either electric or hybrid, according to data from Auto Trader.
It has reported that electric models are selling in an average of 24 days, compared to petrol (29 days) and diesel (32 days).
The fastest selling car so far this month is the hybrid MG ZS (10 days), followed by the Polestar 2 and the Tesla Model 3.
The most in-demand category are electric vehicles aged three to five years, with time-to-sale averaging 21 days and an average price of £19,022.
Marc Palmer, head of strategy and insights at Auto Trader, said: “As petrol prices continue to stay sky high, we’re seeing a clear shift: car buyers are making the switch to low emission vehicles.
“The remarkable pace at which electrified models are selling underscores the growing desire for cars that blend affordability with lower running costs, and it’s not just a passing trend – consumers are actively seeking out greener, smarter options.
“Because of the scale and depth of demand on our platform, we often see shifts in consumer behaviour early, giving retailers a leading indicator of where the market is heading. This, supported by our powerful AI-powered buyer insights, will allow retailers to stay close to the data, spot pockets of demand early and capture a competitive advantage.”
