Used EV prices drop to new low in February as online searches rise, reports MOTORS

The average price of used electric vehicles (EVs) fell 15% year-on-year in February to a new post-Covid low of £27,607, as supply remained flat but online searches increased, according to MOTORS’ Market View. EV prices have now been falling for five consecutive months from £31,209 in September, with month-on-month drops averaging 2.5%. This also reflects […]