END 2024 USED EV MARKET DEMAND, SOLAR SUMMARY AND BIG THANKS. HAPPY NEW YEAR!

EV Channels Review

This video provides a comprehensive year-end review of the used electric vehicle market in the UK, drawing on independent data from AutoTrader alongside the RSEV business's own sales figures. The presenter highlights a significant increase in demand for used EVs, up 25% year-on-year, countering negative press. While overall market health saw fluctuations, particularly a dip in July, the underlying demand remains strong. The average selling price for used EVs has decreased, with the Tesla Model 3 being a key driver, now available for under £25,000 for a Long Range version, and good EVs obtainable for under £15,000. The Model Y, despite a market health dip due to increased supply, shows a remarkable 67% demand increase, presenting superb bargains for buyers. The presenter also shares a positive solar energy summary, detailing significant savings and generation from their own solar panel and battery system. The video concludes with a look ahead to 2025, anticipating improvements in the new Model Y and a growing choice of affordable used premium EVs.