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Home » Analysis » Market Analysis » UK Weekly Used Electric Car Market Data – 16th March 2024

UK Weekly Used Electric Car Market Data – 16th March 2024

In a rapidly evolving UK automotive landscape, understanding the dynamics of the electric car market is more essential than ever for dealers looking to maximise their profits and stay ahead of the competition. This week’s analysis dives deep into the latest data and figures in the UK’s used electric car market, offering valuable insights for automotive dealers focused on expanding their electric vehicle (EV) offerings.

Understanding Electric Car Market Dynamics

The electric car market in the UK is a vibrant and fast-changing sector, with significant fluctuations in price trends and inventory levels. Our latest data sheds light on these changes, offering a clear view of the market’s current state and emerging trends.

Breakdown of Listings by Price Bands

Our analysis indicates a diverse range of electric vehicles available in various price bands. The most populated price bands are £10K-£20K and £20K-£30K, suggesting a strong market for mid-range electric vehicles. Dealers should note these trends to align their inventory with market demands, ensuring they stock vehicles that resonate with buyer preferences.

electric car market data graph showing breakdown of listings by price bands

Number of Dealers by Advert Volumes

The number of dealers actively listing electric vehicles has seen a slight increase, indicating a growing interest in the EV market. This shift suggests that dealerships are recognising the growing consumer interest in electric cars and are adjusting their offerings accordingly.

electric car market data graph showing No of dealers By adverts volume

Analysis of Top 100 Dealers by Volume

The top 100 dealers by volume offer a snapshot of competitive positioning in the market. These dealers have a quicker average ‘days on market’ (DOM) for their electric vehicles, suggesting efficient sales strategies and a good understanding of market demands. By examining these dealers’ strategies, other dealers can glean insights into successful pricing and marketing tactics for electric vehicles.

electric car market data graph showing Analysis of Top 100 Dealers by Volume

Marketcheck UK’s Relevance to Dealers

Marketcheck UK stands at the forefront of providing detailed, actionable data to UK automotive dealers. Our insights into the electric car market are designed to empower dealers with the information they need to make informed decisions, optimise their inventory, and tailor their sales strategies to market dynamics. By leveraging Marketcheck UK’s data, dealers can enhance their understanding of the electric car landscape, identify profitable opportunities, and adapt to the fast-paced changes in the automotive sector.


In conclusion, the UK’s used electric car market presents a dynamic and lucrative opportunity for dealers. By staying informed with the latest data and trends, dealers can strategically position themselves to capitalise on this growing sector, enhancing their profitability and market presence.