Tesla’s Model 3 is currently the UK’s fastest-selling used car under four-years of age, says Indicata.
The Tesla Model 3 was followed by the Nissan’s Qashqai and Volvo’s XC40.
Dean Merritt, Indicata UK’s head of sales, said: “This strong sales performance of used BEVs is despite the majority of dealer stock being the previous generation of technology where range and charging speeds are behind the current new BEVs being offered for sale.
“It is still too early to see how the recent changes to the Zero Emission Mandate legislation will impact the used market. Dealers need to keep stocking BEVs and offering attractive finance deals to drive consumer interest.
“Used car volumes will continue to increase in line with rising new BEV sales in 2021 and 2022 so dealers will have to be ready to absorb these cars in line with an anticipated rise in retail demand.”
BEVs achieved a record 6.28% sales market share of the UK’s used market during March, more than double the same period in 2024. BEVs account for a record 8.4% of dealer stock.
Used BEV prices only fell by an average of -0.6% between February and April, representing the eighth successive month of stability.
Market Days’ Supply continued to fall in April, with BEVs at 51 days not far away from PHEVs, diesels and HEVs at 43, 42 and 40 days respectively.
