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The Independent UK
The Independent UK
Steve Fowler

Used electric cars selling fast, as demand ‘jumps 150 per cent’

Demand for used electric cars is growing says EV leasing firm Octopus Electric Vehicles - (Octopus Electric Vehicles)

Used electric cars aren't hanging around on forecourts as long as they used to, with two specialist retailers reporting record turnaround times for their used stock. Meanwhile, Octopus Electric Vehicles says demand for its used EVs has jumped by 150 per cent compared with a year ago, as drivers seek more affordable ways to go electric.

At electric-only retailer Car360, the average time taken to buy, prepare and sell a used EV has fallen from 57 days earlier this year to under 30 days. Fellow specialist Ev Experts says the time between buying and selling a car has halved to below 30 days.

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