Auction houses report strong demand for used electric vans

The National Association of Motor Auctions (NAMA) has reported strong sales of light commercial vehicles so far this month, with demand driven by a shortage of stock and rising demand for vans.
Notably, used electric vans outsold diesel models for the first time this year in terms of speed of sale, according to data from Auto Trader, which NAMA included in its report.
This suggests a growing appetite for electrified vans among trade buyers, likely driven by tightening emissions regulations and improved buyer confidence in electric drivetrains.
While electric vehicles (EVs) are still adjusting to their place in the used market, depreciation is beginning to slow. Values for used EVs fell by -1.2% in July, a gentler drop compared to previous months.
"The wholesale market remains in strong shape, with high conversion rates, good stock turn, and continued buyer appetite," says Paul Hill, spokesperson for NAMA.
"While we welcome further investment in EV adoption, we would encourage government to consider how incentives might also support the used EV and LCV markets, which are critical to broader electrification goals."