The UK’s used car market fell by -8.3% in the first quarter of 2020 but demand for used plug-in electric vehicles grew by 13.6%.
“Encouraging growth for used car sales was wiped out in March as the coronavirus lockdown measures were introduced and, this subdued activity is likely to continue into the second quarter. While it is tricky to predict future demand, the impact of social distancing requirements on public transport means that, for many people, the car will play an even more important role in helping them travel safely to work. Re-opening new and used car outlets will support this, enabling more of the latest, cleanest vehicles to filter through to second owners and help support the UK’s green growth agenda.”Said Mike Hawes, SMMT Chief Executive.
All figures from the Society of Motor Manufacturers and Traders (SMMT).