Part 3/9:
The growing preference for used vehicles contrasts sharply with the new car market, which has seen a 4% drop in private consumer purchases in the same period. According to E Plummer, a commercial director at AutoTrader, demand remains strong for middle-aged EVs (3-5 years old) as they now reach price parity with their petrol and diesel counterparts. However, significant depreciation issues pose challenges for private buyers, particularly for those considering new electric vehicles.