6:21 am, July 8, 2026
Independent car dealers are buying significantly more used electric vehicles at auction as confidence in the second-hand EV market ‘continues to grow’, says G3 Vehicle Auctions.
The remarketing firm said the number of independent dealers purchasing used EVs through its auctions increased by 44% year-on-year during the second quarter of 2026.
That growth came as the volume of used EVs offered at G3 rose by 37% compared with the same period last year, while conversion rates in the auction halls increased by 22%.
G3 said the figures point to growing confidence among retailers, who are responding to increasing customer demand for used electric cars.
Bassel Affoury, owner of Quality Part X Ltd, which operates two dealerships with more than 1,000 cars in stock, said EVs have become a core part of the business.
He said: ‘We’ve seen a real shift over the last three months.
‘EVs are no longer niche – they’re a core part of our forecourt. Customers are actively asking for them, and auctions are where we can still find good value for these used vehicles.’
The average used EV sold through G3 auctions in Q2 achieved £16,250, with an average age of 5.6 years and 64,000 miles.
G3 said that compares with an average retail price of £56,490 when those vehicles were first sold new.
Budget EVs are also proving popular with buyers. G3 said Tesla Model 3s priced below £10,000 with more than 100,000 miles are among the fastest-selling vehicles at auction, while five to 10-year-old Renault Zoes continue to attract strong interest.
The auction house said the average Renault Zoe in its Economy Sale achieved a hammer price of £2,650 and attracted an average of 6.7 individual bidders.
G3 also pointed to recent CAP HPI data showing battery electric vehicles recorded consecutive months of value growth during May and June, with faster stock turn than any other fuel type as demand begins to outstrip supply in some sectors.
Managing director Gareth Jones said he expects a significant increase in nearly-new fleet, lease and finance house EVs entering the wholesale market during the second half of the year, providing buyers with greater choice and improving affordability, particularly in the sub-£10,000 sector.
He added: ‘The used EV market in Q2 has been one of the strongest we’ve ever seen.
‘We are seeing increased demand from independent dealers and consistently high conversion rates whenever quality electric stock drives through the lanes.’
