The value of a used electric vehicle (EV) rose by an average of 30.4% in August as year-on-year like for like values in the wider market declined by 1.3%, according to Auto Trader.
The online car marketing platform said that the trend – seen among car retailers online classified adverts – represented the largest monthly rise in the value of zero emission vehicles it has ever recorded.
Auto Trader reported that the average price of a used car advertised by retailers remained stable in August at an average of £13,001.
Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.