What is your advice on the used electric car market?

Could you give me your thoughts on the second-hand EV car market please as dealers are making a huge mark up? I enquired about a two year old e-Golf that had 31,000 miles on the clock and they wanted £30 more on monthly payments than if I brought a brand new one from MG.

My own five year car only has 37,000 miles and they wanted to give me peanuts! There was no negotiation on both the sale, part exchange and deposits so I walked away.

I will not be ripped off trying the second-hand option to buy an EV. Your thoughts welcome.

Asked on 23 December 2021 by ADAM

Answered by Andrew Brady
Your current car sounds like desirable stock for many used car dealers. We'd recommend selling it privately or perhaps via a service like motorway.co.uk. Then you'll be in a strong position to negotiate on its replacement.

A new MG represents excellent value for money, although – like any new car at the moment – you could face a long wait for delivery.

If it's the MG ZS EV you're considering, it'll be worth waiting for the latest updated model rather than settling on a nearly-new pre-facelift example. Not only does it have a bigger battery and a longer range, but the infotainment system is much better and it should hold more of its value (reducing the monthly payments on a PCP).
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