Dealer Auction’s April 2025 EV Performance Review (EVPR) points to growing momentum in the used AFV sector, with electric vehicles increasingly prominent in dealer profit rankings.
The number of AFV bids on the platform rose to 5,968 in April, up from 5,772 in March. Meanwhile, average vehicle age remained stable at 3.4 years, and mileage ticked slightly up to 30,253, indicating continued demand for younger stock.
Dealer Auction’s Marketplace Director, Kieran TeeBoon, said: “It’s great to see consistent patterns emerging across the EV market, giving dealers a clearer picture on the EVs to sell. While it’s still important to keep an eye on monthly nuances, building on wider trends to drive sales will be key in increasing AFV presence in the market.”
The top-performing vehicle by average assumed gross margin was the hybrid Volvo XC90 at £5,707, followed by the electric Tesla Model Y (£4,503), Hyundai IONIQ 5 (£4,164) and BMW 3 Series hybrid (£3,756). EVs made up 60% of the gross margin chart for the first time since November 2024, including the GWM Ora Funky Cat, Volkswagen ID.3, Volkswagen ID.4 and Tesla Model 3.
EVs also performed strongly in the trade-to-trade volume chart, with the Nissan LEAF and Kia Niro taking fourth and fifth place respectively.
Although hybrid vehicles dominated the CAP Clean performance chart, the electric ID.4 also secured a top 10 ranking.
TeeBoon added: “April has been a consistent month for AFVs. Following the VED changes at the start of the month, the sales figures have remained strong and encouraging.
“It will be interesting to see if success continues to build. We’re seeing some strong patterns and preferences emerge in the AFV market and it’ll be interesting to see if this is replicated in next month’s statistics.”
