11 Aug 2026
Dealers say the fuel price shock caused by the Iran War is the number one reason for the current surge in used electric car sales, new research shows.
August’s Startline Used Car Tracker asked motor retailers to rank eight causes potentially driving the trend following reports from AutoTrader and other sources which show rising demand, higher prices and faster stock turnaround.
The other factors were, in order, increased choice provided by higher volumes, attractive pricing, electric cars becoming more commonplace, a visibly better charging infrastructure, less fear of battery failure, and the positive impact of battery health checks.
Paul Burgess, CEO at Startline Motor Finance, said: “Almost universally, we’re seeing data and hearing conversations suggesting the used EV market has turned a corner, and thought it would be useful to get a dealer perspective on why this is happening.
“Overwhelmingly, the majority of motor retailers backed the top three answers in our survey – the fuel shock, higher levels of choice that have emerged as volumes of electric car stock have increased, and competitive pricing.
“It seems dealers believe used car buyers are attracted by the low purchase price and running costs of EVs and can now more easily find a car that meets their needs. It’s a happy convergence of a range of factors.”
Dealers taking part in the Startline Used Car Tracker were also asked whether they expect the trend to continue for at least the remainder of 2026, with 85% agreeing.
Paul said: “This is very encouraging and suggests dealers don’t see the current situation as a temporary boost but as a longer-term development. It may be that we are seeing the used electric car market begin to mature.”
Compiled monthly by APD Global Research – well-known in the motor industry for their business intelligence reporting and customer experience programs – the Startline Used Car Tracker this month questioned 300 consumers and 60 dealers.