BEV values in the UK continue to fall, down -1.7% on average, equivalent to £350. Cap hpi said whilst they remain the worst-performing fuel type regarding value retention, it was “encouraging” that June’s Live movement down is significantly less compared to the previous three months.
Since 2012, excluding the Covid-affected years, the average movement in June has been a decline of 1.2%, and this month has been the strongest June since 2009.
Average petrol values went up at both the one- and three-year age points, with diesel cars and both types of hybrids dropping negligibly.
Derren Martin, director of valuations of cap hpi, said: “The air of positivity for used car retail that has been present all year has, if anything, increased in June.
Full story Used BEV values continue to fall in positive June used car market (motortrader.com)
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