Are Nearly New EVs An Option For You?

Wed 30th Nov 2022

The cost of nearly new electric vehicles is a major concern for the motoring industry says new analysis, particularly as the Government pushes towards a greener future beyond petrol and diesel options.

According to a survey published by Startline, the biggest concern for used car dealers regarding the electrification of the market is the high price of electric vehicles. Almost six in ten dealers believe electric vehicles are too expensive compared to petrol and diesel vehicles. About one-quarter of UK dealers are concerned that they lack onsite charging facilities, while one in five believe motorists are not willing to accept electric vehicles. Furthermore, 15 per cent of dealers said their sales teams are not trained to sell them.

When queried about how to adapt to electrification, 61 per cent of dealers wanted cheaper EVs in general, 38 per cent wanted longer range vehicles, and 28 per cent wanted a wider variety of electric models.

“The recent announcement by Ford that Fiesta production would be ending soon felt like a watershed moment in mainstream car manufacturers moving towards electrification,” said Paul Burgess, CEO of Startline.

“The question is, what low-cost EVs are forthcoming that will replace much-loved, everyday cars like the Fiesta?

“Dealers are clearly worried about the affordability of EVs, the suitability of their current premises to retail them, the ability of their sales staff to sell them and the appetite of lenders to finance them. 

“With eight years to go until the 2030 production deadline, it feels as though the motor industry still has much to do to help dealers make the EV transition.”

Despite the concerns 20 per cent of dealers are in favour of the government implementing the proposed 2030 ban on new internal combustion engine-powered vehicle sales.

Many mechanics have spoken about the importance of increased education in order to help the sector adapt to the arrival of electric vehicles on the market and how to deal with them, with 13 per cent support training programmes for salespeople.