Used electric cars are selling faster than petrol and diesel models, but do you know why?

The used electric car market is booming — and for the first time, used EVs are selling faster than petrol and diesel models. With prices dropping, running costs staying low, and battery warranties still active, more buyers are snapping up second‑hand EVs than ever before.

According to recent market data, used EVs now offer some of the best value on the market, with many models available for under £18,000. No wonder they’re flying off forecourts.

Used EVs Are Selling Faster Than Any Other Fuel Type

A Cap HPI report shows:

• Used EVs sell in an average of 33 days
• The average for all fuel types is 40 days
• Diesel cars take 42 days
• PHEVs take 41 days
• Petrol cars take 39 days
• Hybrids (HEVs) take 37 days

The fastest‑selling EVs are those aged three to five years, which sell in just 25.5 days on average — far quicker than petrol (39 days) or diesel (42 days) in the same age bracket.

If you’re wondering whether a used EV is a smart buy, maybe once you’ve read about how used electric cars are selling faster than petrol and diesel models, you’ll understand why.

Why Used EV Prices Are So Attractive

Auto Trader data shows that used car prices have dropped across the board, but EVs have seen the biggest fall:

• Petrol: –4.7% year‑on‑year
• Diesel: –5.8%
• EVs: –11.7%, with an average price of £26,390

This sharp drop has made EVs far more accessible, especially for budget‑conscious buyers who want low running costs without the high upfront price of a new model.

Why Buyers Are Choosing Used EVs

1. Lower Running Costs

EVs offer:

• Cheaper “fuel” (electricity vs petrol/diesel)
• Lower servicing and maintenance costs
• No oil changes, fewer moving parts

2. Remaining Battery Warranties

Most EVs come with 8‑year battery warranties, meaning many used models still have years of coverage left.

If you’re worried about a used EV battery, used car dealers can tell if a used EV battery is any good, what a bonus!

3. Better Charging Infrastructure

More public chargers and faster home‑charging options have made EV ownership easier than ever.

4. Exceptional Value for Money

With prices falling and supply increasing, used EVs now offer some of the best deals in the market.

Why New EV Demand Is Slower

Interestingly, while used EVs are thriving, new EV demand remains softer. High upfront prices and uncertainty around incentives have pushed many buyers toward the used market instead — where the value proposition is much stronger.

Final Thoughts

The surge in demand for used electric cars marks a major shift in buyer behaviour. With prices dropping, running costs staying low, and battery warranties still active, used EVs are becoming the go‑to choice for drivers looking for value and efficiency.

With used EVs selling in 33 days on average, compared to 40 days for all fuel types, this trend is only expected to grow as more drivers recognise the benefits of going electric.

If you’re thinking of switching to an EV, selling your current car is the perfect first step — and Jamjar.com makes it effortless.

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