HomepageRecord-Breaking Growth in Pre-Loved EVs as the Used Car Market Turns Green
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Record-Breaking Growth in Pre-Loved EVs as the Used Car Market Turns Green

  • EV

The UK’s used car market is continuing to show strong growth, with a 4.3% increase in sales in the third quarter of 2024. This marks the seventh consecutive quarter of year-on-year growth, as nearly 2 million vehicles changed hands between July and September.

One of the most exciting trends is the rise of used electric vehicles (EVs). Sales of used battery electric vehicles (BEVs) surged by a remarkable 57%, reaching 53,423 units. This marks the largest-ever market share for BEVs at 2.7%, up from 1.8% last year. Additionally, sales of plug-in hybrids and hybrids also saw significant increases, growing by 29% and 35.8%, respectively.

Despite this green shift, traditional petrol and diesel vehicles still dominate the market. Petrol cars saw a 5.7% increase in sales, while diesel vehicles experienced a slight drop of 3.9%. Together, these account for 91.7% of the total market.

The Society of Motor Manufacturers and Traders (SMMT) has called for an urgent review of new EV market support and regulations to ensure the UK’s transition to electric mobility stays on track. With the used EV market thriving, now is the time to focus on sustaining this momentum and making the EV shift even more accessible for consumers.

With the used car market booming and electric vehicles making their strongest surge yet, now is the perfect time to make the switch. At Harwoods, we’re ahead of the curve, offering a range of top-quality used EVs and hybrids to help you drive into the future—sustainably and with confidence.

Written by Amy Josling Digital Marketing & Content Executive

Benefits of Electric & Hybrid Cars

Electric and hybrid vehicles offer numerous benefits, making them increasingly attractive to environmentally conscious drivers in the UK. These vehicles produce lower or zero tailpipe emissions, significantly reducing air pollution and contributing to cleaner and healthier towns and cities. The environmental advantage is complemented by long-term cost savings. Electric and hybrid vehicles have lower running costs compared to traditional petrol or diesel cars. Not only can you benefit from reduced fuel expenses, but there are also tax exemptions and discounts on charges and parking fees available. The UK government actively supports the adoption of electric and hybrid vehicles by providing incentives to encourage their integration into the car market. These incentives can include grants, subsidies, and financial assistance, making electric and hybrid vehicles even more appealing to potential buyers. By choosing electric or hybrid vehicles, drivers can contribute to a greener future while enjoying financial advantages and government support.

Guide to Electric and Hybrid Cars

The UK market for electric and hybrid cars is growing as more drivers opt for eco-friendly options. These vehicles produce less pollution than traditional cars, helping reduce air pollution and greenhouse gas emissions. Governments are also offering incentives like tax credits, grants, and rebates, making these cars more affordable. Explore our detailed guide to buying an electric or hybrid vehicle and let us support you on your car-buying journey.

Electric Cars At Harwoods

At Harwoods, we offer an extensive range of electric cars to suit every need and lifestyle. Whether you're looking for a compact, efficient city car perfect for urban driving, or a luxurious electric SUV that combines power, style, and sustainability, we have the perfect vehicle for you.

Hybrid Cars At Harwoods

If you're looking to try an electric powered vehicle, a hybrid is a great way to start. With most plug-in hybrid cars offering the ability to drive with pure electric power, you can experience electric driving without giving up the petrol or diesel engine.

Test drive electric

Experience our range of new and used electric and hybrid vehicles today. From innovative technology to cost-saving benefits, our eco-friendly options offer the best of both worlds. Book a test drive now to discover your perfect electric or hybrid vehicle, and benefit from competitive offers, personalised finance options, and exceptional aftercare services.

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