Used EV values rise by up to 28% in the UK as petrol and diesel prices climb
By Eve
Solera cap hpi data shows trade values for several used EVs have recovered as diesel reaches around £2.00 a litre and petrol around £1.70. Online searches for used EVs are up 50%, and the Mini Electric leads gains, with a three year old, 30,000 mile model up 28.3% from £9,905 to £12,710. The Tesla Model 3 and Polestar 2 each rose 20.9%, to £22,188 and £21,822 respectively, while the Cupra Born gained 19.9%, the Subaru Solterra 19.3%, the Peugeot e-208 17.4% to £11,262 and the MG4 15.4% to £13,110.
Why it matters
Rising fuel costs are pushing more UK drivers towards second hand EVs, which points to a wider pool of drivers who will need charging access and a partial reversal of earlier steep depreciation. CPOs and fleet buyers should note the firmer residual values when planning demand, site utilisation and funding cases.
Source
- Source
- https://evpowered.co.uk/news/rising-petrol-and-diesel-costs-see-used-ev-values-bounce-across-uk/
- Original title
- “Skyrocketing petrol and diesel prices see used EV values bounce by up to 28%”
- Published
- 4 November 2026
- Also covered by
- evfleetworld.co.uk
In this story
- Topic
- Electric Vehicles
- Place
- United Kingdom
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