Although the used hybrid and electric market is on the rise, if there is a second-hand vehicle (VO) that ‘flies’, that is the electric Seat Mii , because in just 23 days it finds a buyer, according to the Green Car VO Monitor de Sumauto , made from the autobiz data on the occasion of the Used Vehicle Show, which starts this in Madrid.
The time it takes for the Seat Mii to roll is 70% less than the average for the eco segment in the used market. And it is that normally the hybrids and electric need 84 days to go out of stock, but some are capable of reducing it to just over a month. This is also the case with the electric BMW i3 , with 29 days; and Citroën E-C4 , with just 30 days, which are the second and third most rotated model in zero emissions.
In fact, if we extend the photo of the express sale of used VO eco to the 10 most rotated models, the average time it takes to go out of stock is 32 days, 60% less than the average for its segment, and very far from the 109 days (70% less) that used diesel and gasoline need.
All of this has an impact on the dealership and its income statement, since a VO is a perishable product and is no longer profitable after 60 days in stock. That extra time is money that is lost, 15 euros a day specifically, since each day that passes without finding a buyer depreciates by 5 euros on average, to which we must add 10 euros of fixed cost that the professional seller assumes.
Increased demand for used electric cars
These three models represent the tip of the iceberg of a market that, according to autobiz data for Sumauto’s Green Car VO Monitor, shows a rampage in the used stock of electric and hybrids, to the point of increasing by 36% in what We have been up to 30,700 vehicles this year.
In this way, the offer of this second-hand sustainable mobility has doubled from the 15,000 existing units back in August to date. This vertiginous rise is explained by the entry into force of the new emissions regulations , which has led brands to maneuver with the self-license plates of these less polluting models to avoid the Brussels sanctions.
However, this supply injection is not translating into downward price movements. In reality, they remain stable at around 27,000 euros , although the difference with used diesel and gasoline is reduced, now being below the 10,000 euro barrier .