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Ex-fleet EVs lead used sector resilience as diesel residuals fall, reports Cazana
Used car retail values fell 0.2% (around £50) in September 2026 at the three year defleet milestone, the first monthly drop of the year, according to Cazana. Electric vehicles recorded the highest percentage value increases for the sixth consecutive month, rising 1.6% (around £330) at three years old, with ex-fleet EV retail prices up 9.1% (nearly £2,000) over six months. Cazana attributes the EV resilience to realistic secondary market pricing versus internal combustion engine alternatives and rising forecourt fuel prices.
Why it matters
Fleet operators and remarketing managers face a shifting used wholesale landscape where ex-fleet EVs are holding value far better than diesel alternatives, potentially influencing procurement decisions and total cost of ownership calculations. The sustained demand for three year old EVs suggests stronger residual values for corporate fleets transitioning to electric, reducing financial risk for operators planning defleet cycles.