Record used EV sales drive secondhand market growth

Sales of secondhand electric cars reached new levels in 2025, soaring more than 45%, according to new data.

The used EV sector was by far the fastest-growing part of the UK’s secondhand market in 2025, helping power a third consecutive year of growth for the used trade.

The latest full-year data from the Society of Motor Manufacturers and Traders (SMMT) reveals that the overall market grew 2.2% in 2025, but used EV transactions were up 45.7%.

A total of 274,815 used EVs changed hands last year, with the SMMT citing ever-growing supply, “robust” demand and the potential for huge running cost savings as drivers of the growth.

The increase took EVs’ shared of the used market to 3.5% – a new record high. Plug-in hybrids also enjoyed a strong year of growth, with PHEV sales up 6.3%.

Mike Hawes, chief executive of the SMMT, said the latest figures showed growing consumer confidence in electric vehicles. He commented: “A third year of used car sales growth underscores the market’s resilience, with recovering new car demand revitalising choice and affordability – especially for EVs – in the used market.

“The record number of buyers making the switch signals growing confidence in zero and ultra-low emission motoring.

“Maintaining this momentum, however, and driving the fleet renewal needed to decarbonise our roads at pace, must start with ensuring a strong and sustainable new car market.

On the back of the latest figures, a survey of used car dealers found backing for free home chargers and purchase incentives to help boost the secondhand EV market further.

Startline Motor Finance found that almost two-thirds of dealers thought free home chargers would encourage more drivers to go electric. Just over half also supported the idea of low-interest loans and charging help for those without private parking, with half also backing purchase grants.

Currently there is no financial aid for drivers buying a secondhand EV, while those buying new can secure discounts of up to £3,750 through the Electric Car Grant.