44% of dealers think car buyers will stick with petrol, diesel for longer after UK government’s EV decision
More than four out of 10 dealers (44 per cent) think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29 per cent believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19 per cent forecast that consumer demand for EVs will fall. Additionally, 24 per cent of dealers now believe it is more likely that motorists will buy a hybrid as a stepping stone to full electrification while 20 per cent believe that EV prices will fall further in addition to recent reductions.