Delegates to AM Live will gain tips and insights backed by the latest UK and global retail data to help them navigate the growing used electric vehicle (EV) market.
Dealers and leasing companies have already had to navigate fluctuations with pricing in the EV market following Tesla’s decision to cut its new car prices this year, which had a knock-on effect for used prices.
Used EVs are now starting to show signs of price stability helped by used EV prices falling by 38% over the past 12 months.
This has helped stimulate sales and contribute to bringing down Market Days’ Supply (MDS) to a similar level to petrol and diesel.
While It’s still early days for used EVs, Indicata’s data shows there are more consistent signs of rising sales and falling stock levels.
Andy Shields, Indicata’s global business unit director, will be looking at some of the data and insights from the UK’s used EV market, as well as information from other global markets that will help inform predictions for 2024.
Shields will share some potentially controversial viewpoints on the used EV market, underpinned by Indicata’s data.
Not only will the event offer a packaged schedule of seminar content featuring over 40 speakers, there will also be over 60 innovative suppliers under one roof for delegates to explore the latest innovations and benchmark the best solutions for their business.
Register now for your free ticket to AM Live on November 9 at the NEC
More used car content at AM Live:
- Plug in to used EV profits
- CarShop used car retail case study with CEO Nigel Hurley
- The science of used car stocking – with Hatfields, Carbase and Neil Smith, chief executive at Motorvait