What is happening in the used EV car market Summer 2024? Tough but stabilising...
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THIS VIDEO
Lots of talk about price drops, depreciation, tough market conditions and a lot of that is true, but what are the actual statistics and what can we forecast?
I look at actual data as supplied by Autotrader (the UK's biggest used car marketing platform) to evaluate what has felt like a very quiet couple of months - is this just for Electric Cars?
Plus try and look at the statistics for what the next few months might be like. It seems there are promising signs.
One key point we can certainly note from this information, contrary to many a headline, is that EV demand is actually STRONG. People do want used electric cars! They are growing in popularity. They offer lower running costs, less servicing and reliability is proving excellent.
I'll also run through at the end of the video a quick solar production update from our own office and warehouse building.
Many thanks
Richard Symons
R Symons LTD "RSEV"
EV Specialist based in New Milton, Hampshire on the South Coast near Southampton and Bournemouth
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