HOW HEALTHY IS THE USED EV MARKET? MARKET INSIGHTS ANALYSIS ELECTRIC V DIESEL

EV Channels Review

This video provides a comprehensive analysis of the UK's used EV market, leveraging AutoTrader data to counter negative headlines. The reviewer highlights strong demand for used EVs, particularly Tesla Model 3s and Model Ys, with Model 3s (especially 2022 Long Range variants) seeing price increases due to high demand and limited supply. While overall 'market health' figures for EVs can appear low due to increased supply, the underlying demand is robust, up 30% year-on-year. The reviewer contrasts this with falling demand for used diesel and petrol cars. Specific models like the BYD and Polestar show mixed results, while Volkswagen EVs (ID3, ID4, ID5) appear to be performing well. The video also briefly touches on the financial benefits of solar energy and the long-term durability of EVs, citing a Model 3 with 226,000 miles.