EVs drive used car boom
In the second quarter of 2024, the UK used car market grew by 7.2%, marking the sixth consecutive quarter of growth. Sales of used battery electric vehicles (BEVs) increased by 52.6%, reaching a market share […]
In the second quarter of 2024, the UK used car market grew by 7.2%, marking the sixth consecutive quarter of growth. Sales of used battery electric vehicles (BEVs) increased by 52.6%, reaching a market share […]
But used EV prices still +61% from Jan. 2020, used ICE vehicles +31%. When will they bottom out? Compact cars approach affordability again. By Wolf Richter for WOLF STREET. Prices of used cars, SUVs, pickup trucks, and vans […]
Compact trucks +70% since Jan 2020; full-size pickups +39%, SUVs +30%, compact cars +20%. Auto insurance +44% since Jan 2022. By Wolf Richter for WOLF STREET. Used vehicle prices are in a historic downward spiral, unwinding the hugest-ever […]
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