A new investigation from Admiral car insurance reveals more than half of British motorists (52%) are considering buying a used EV for their next car, with a similar number (55%) looking to switch to a second-hand electric vehicle within the next five years. With the ban on sales of new petrol and diesel cars being introduced in 2030, many motorists are considering making the switch to electric.
But, the insurer found the cost of a brand new EV is the biggest barrier preventing motorists from making the switch, with almost half (45%) admitting a new EV is too expensive, while others (37%) simply said they don’t want to pay for a new EV.
To help drivers considering a second-hand EV instead, Admiral has created an online tool which highlights how much they would pay on average for a second-hand EV in cities round the UK and how far they’d have to travel to get the best deal. The tool also shows how many of the most popular second-hand EVs are available in their area.
For people opting to go down the second-hand route, Admiral’s investigation revealed Brits believe the most important factor to consider is the condition of the battery (31%), followed by the vehicle’s charging range (28%) and the total running costs (20%).
Yet, the more traditional checks and considerations like how the vehicle drives, how much it costs to insure and depreciation of value were less important and failed to make the top five.
|Rank||Top five considerations before purchasing a second-hand EV||%|
|4||Electrics work correctly||19%|