Dealer Auction reports ‘standout month’ for EVs in used market

By automotive-mag.com 3 Min Read

The latest data from Dealer Auction’s EV Performance Report (EVPR) has revealed a “standout month” for electric vehicles in April, with EVs storming the retail margin chart and performing well for volume and competitive pricing.

For the used market, the average retail margin for AFVs on Dealer Auction reached its highest level (£3,620) since November 2024.

Average sold prices remained consistent at around £15,000, while the average vehicle age held steady at approximately four years old.

Dealer Auction marketplace director Kieran TeeBoon, said: “April’s figures show just how quickly consumer confidence in used EVs is growing.

“With fuel price uncertainty continuing to impact buyer behaviour, it’s clear drivers are eyeing up electric vehicles as a smart and cost-effective choice.

“This also presents a very compelling proposition for fleets who are looking to cut their fuel costs over the long term.”

Looking at the top-performing models of the month, EVs dominated the average retail margin chart with 60% of the share.

Dealer Auction reported te Hyundai IONIQ 5 claimed the top spot as the month’s strongest performer; this was the model’s first appearance since April 2025.

The Audi e-tron (a new entry), Jaguar I-PACE, Volkswagen ID.3, Tesla Model Y and Model 3 also secured places in the top rankings, underlining the continued popularity of EVs and growing confidence in the market.

Hybrid BMWs also delivered an impressive performance across both gross margin and CAP Clean performance metrics, with the 3 Series and 5 Series taking the top two positions in the latter chart. Their strong results and competitive pricing reinforce the enduring appeal of premium models among both consumers and dealers alike.

Trade models that enjoyed continued success in April included the hybrid Kia Sportage, which secured a place in the top 10 for both sales volume and CAP Clean performance, further demonstrating its strong all-round market appeal.

The Volvo XC90 also proved to be a standout performer, featuring across all three charts and reinforcing its enduring popularity with both dealers and consumers.

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