Home Automotive Two in each three future EV patrons will contemplate used: eBay

Two in each three future EV patrons will contemplate used: eBay

Two in each three future EV patrons will contemplate used: eBay


Two in three patrons (65%) contemplating an electrical automobile (EV) as their subsequent automotive count on to buy used quite than new, in keeping with analysis commissioned by eBay Motors Group. 

Moreover, shopping for a used EV appeals extra to girls (69%) than males (61%), though they had been evenly break up (30%) when contemplating a nearly-new EV lower than two years outdated. 

Total, the inclination to purchase a used EV was strongest amongst petrol or diesel homeowners (81%), falling to simply 18% of these at the moment proudly owning an EV. 

eBay Motors Group’s newest Shopper Perception Panel, polling the views of two,000 in-market patrons in September, additionally recognized the principle issues of customers contemplating shopping for a used EV. 

Topping the record weren’t solely the associated fee to purchase being too excessive (43%) but additionally worries over the standard and efficiency of batteries (43%). Ladies had been extra involved about prices (46%), whereas males had been most involved concerning the state of batteries (45%). 

Different issues included upkeep and servicing prices (28%), vary being lower than with new EVs (28%) and uncertainty over what constitutes affordable mileage (27%). 

Nevertheless, solely 15% had been involved about decrease resale values and 14% poor finance offers. 

“With rising new EV registrations progressively producing extra volumes within the used market, shopping for second hand is turning into a sensible consideration for a rising variety of automotive patrons,” mentioned Lucy Tugby, advertising and marketing director of eBay Motors Group. 

“Our analysis reveals how two in three determination makers contemplating shopping for an EV as their subsequent automotive will realistically take into consideration shopping for used, though the precise price of buy stays a major barrier for a lot of. 

“Nevertheless, we imagine this might be progressively addressed by the continued downward realignment of wholesale values which in flip will give sellers extra confidence to supply EV inventory and go on financial savings to prospects able to transition away from petrol and diesel. 

“Issues over battery life are comprehensible however usually unfounded as the most recent era of EVs enter the used market. Sellers can have a job to play to assist alleviate these issues, a process made simpler by the OEMs who’ve prolonged guarantee cowl on their batteries,” mentioned Tugby. 



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