"With the maturity of the EV market, it's now possible to pick up a more affordable used, low mileage, battery-powered car. Gone are the days when there was a huge price differential between EVs and their equivalent petrol and diesel models."
"Public charging is improving, EV range is improving and the choice of cars is growing. There's never been a better time to go green."
Between July and September 2022, used electric cars on cinch's website sold for an average price of £25,078. Meanwhile, petrol and diesel cars sold for an average of £14,419 - a difference of just over £10,000."
In 2024, the difference between the price of an EV and a petrol/diesel car had narrowed further, with EVs costing just over £1,000 more than ICE cars on average (EVs: £16,075 and ICE: £14,794).
Collection
[
|
...
]