Demand for used plug-ins surges despite used car market falling
Demand for used battery electric and plug-in hybrid vehicles continued to grow in Q3, according to the latest figures released today (Tuesday) by the Society of Motor Manufacturers and Traders.
Transactions rose by 56.4 percent and 43.3 percent to 14,182 and 14,990 respectively, and the number of used BEVs that changed hands during the period was the highest recorded in any quarter.
Hybrid electric vehicle (HEV) transactions also increased by 20.3 percent to 40,157.
The strong plug-in performance comes despite the UK’s used car market falling -6.2 percent in the third quarter of 2021.
A total of 2,034,342 vehicles changed hands – 134,257 less than in Q3 2020 when the re-opening of showrooms and easing of lockdown measures saw the market bounce back strongly.
Used car transactions declined in every month across the quarter, with July, August and September all falling, by -4.9 percent, -5.9 percent and -7.9 percent respectively.
Overall, the period is down -2.0 percent on 2019 pre-pandemic, making it the weakest quarter three since 2015.
Small cars dominated the used car market. The top used models in the quarter were:
- Ford Fiesta (88,941)
- Vauxhall Corsa (70,983)
- Volkswagen Golf (66,576)
- Ford Focus (66,072)
- Vauxhall Astra (53,223)
The most popular colours were:
- Black (436,511)
- Silver (343,908)
- Blue (337,738)
Meanwhile, Kia topped the monthly tally of new electric sales with its EV6.
UK sales of the marque in October were up 22.1 percent against October 2020 with 7,436 units sold.
More than one-in-five Kias leaving the forecourt were electric.
Pictured: The Kia EV6 GT-Line S