Marketcheck UK reveals the top ten most expensive used cars listed for sale this year, with Italian Ferraris dominating the list, alongside British and German luxury cars. Prices range from £1,200,000 to £1,499,990, highlighting a market trend favoring high-end models, both vintage and modern.
Data produced by Marketcheck, the most significant source of data on the UK used car market, shows that the volume of sold EVs per month across the UK is at record highs. The average price of both stock on the market, and sold cars, is at the lowest it has ever been. The average price of a… Read More »Used EV market booming with record sales and record low prices – industry-leading data source Marketcheck UK
Data produced by Marketcheck, the most significant source of data on the UK used car market, show that demand for used Teslas is surging, with average purchase prices at record lows. In May 2023, the average price for a used Tesla was £41,022.50 – in May 2024, it stands at £32,293.75. Average days on market has fallen… Read More »Surging demand reported for used Tesla EVs – Marketcheck UK
Marketcheck has analysed the current state of the used EV car market from January 2024 to May 2024, revealing significant trends and opportunities for both buyers and dealers. The stock of used EVs available has grown from 31,297 in January to 37,334 in May. Monthly sales have also risen, from 10,135 to 12,889 this year,… Read More »Marketcheck’s State of the Used EV Market in 2024 – “Opportunities in the Growing Used EV Sector”
Data produced by Marketcheck, the most significant source of data on the UK used car market, show that within the postcodes affected by the expansion of ULEZ, sales of used electric cars have increased. In the three months prior to the expansion of ULEZ (1st June 2023- 30th August 2023), there were 941 electric cars sold compared… Read More »Exclusive data – Sales of electric cars up in areas affected by ULEZ expansion
EVs remain faster-selling cars than ICE – with the average Days on the Market being 16 days less than the average ICE sales across our dealer stock database.
This week’s key indicator was that the number of adverts with an INCREASING price doubled from 1,563 to 3,702. Are EV values now stabilising/moving up as DoM remains quicker than ICE?