Used EVs are outperforming gas-powered cars at auction as they hit record levels
Published on Aug 23, 2025 at 12:36 PM (UTC+4)
by Claire Reid
Last updated on Aug 21, 2025 at 3:16 PM (UTC+4)
Edited by
Kate Bain
Used EVs are outperforming gas-powered vehicles at auction in the UK, with sales hitting record levels.
New figures from British Car Auctions (BCA), show that EVs are leading the way across several metrics.
BCA also noted that used EV sales are currently reaching ‘record levels’ in the UK this month.
The organization says it is selling around 1,000 used EVs every week.
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Used EVs are ‘outperforming’ other fuel types at auction
While almost all cars depreciate the second they leave the lot, studies have found that EVs are particularly hard hit.
One recent study found that gas cars declined at around 3.1 percent in price, whereas the figure for EVs was an astonishing 31.8 percent.
And a Tesla owner found this out for himself when he took his Model Y to WeBuyAnyCar only to be offered around half of the $70,000 he paid for it.
In the US July was almost the best-selling month ever for EVs, while over in the UK, used EVs are currently experiencing a strong performance at auction.
UK-based BCA recently released figures confirming that EV cars currently had the highest first-time conversion of any fuel type, meaning they were the most likely type of vehicle to sell on their first listing.
They also had the strongest CAP performance of any fuel type.
“BCA’s inventory levels remain healthy for the summer months – we continue to sell more than 1,000 used EVs every week, so supply issues are not driving the daily strong price performance we are seeing in this sector,” COO at BCA, Stuart Pearson, said.
“Many motor trade buyers have realized both the incredible value and the profit opportunity that many EVs represent, given the growing acceptance from consumers for electric vehicles.”
How to get more cash for your used EV
Pearson went on to share some handy tips on getting more money when selling your used EV.
“There are new levels of sophistication that every seller should be using to ensure that EVs reach their optimum price in the market,” he said in a statement.
“This includes investing in the right level of pre-sale preparation, describing them properly with in-depth information covering not just the cosmetic and mechanical condition, but also the health of the battery, and aligning all of this with real-time pricing intelligence to support accurate decision making.”
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Claire Reid is a journalist who hails from the UK but is now living in New Zealand. She began her career after graduating with a degree in Journalism from Liverpool John Moore’s University and has more than a decade of experience, writing for both local newspapers and national news sites. Claire covers a wide variety of topics, with a special focus on cars, technology, planes, cryptocurrency, and luxury.
