The ‘horror story’ of the used vehicle market
Auto Service World
MARCH 20, 2025
So with that top of mind as well, we’re seeing those numbers decline up to 2027; 2028 we see it pick up, he said. By 2030, the ratio of used electric vehicles (EVs) is expected to reach 19 per cent, up from 2 per cent currently. We’re hoping that it continues on that trajectory, dependent on affordability of new cars.”
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