Auction firm Aston Barclay has launched a new monthly sale dedicated entirely to EVs.
It said the sale, at its Donington site, had been launched to help buyers and vendors manage their transition towards net zero, and also as a proactive response to falling EV prices seen in recent months.
An educational buyer session from the Energy Saving Trust is also included for the April event.
The first sale, in March, featured vehicles from vendors Zenith, Santander, TCH Leasing, Motordough, and Mobilize, and saw nearly 50 used EVs sold for an average price of £19,635. The average age of stock was 29.5 months, and the average mileage was 18,950 miles.
Aston Barclay chief revenue officer Mark Hankey said: “We wanted to be proactive in helping both buyers and vendors come to terms with the current market for used EVs. Our first EV sale was well attended by both physical and online buyers and there was plenty of discussion on supply and demand.
“The partnership with the Energy Saving Trust for our April sale is the next step in helping educate the industry. The sooner the used EV industry settles down the better it is for buyers and vendors trying to anticipate future residual values.”