Insights

Over the past thirty years, throughout Europe, including the UK, new vehicles have had to meet increasingly strict ‘Euro’ standards to reduce pollutants, improve air quality, safeguard public health, and move towards zero-emission mobility.

Diesel-engined cars accounted for almost half of all new car registrations a few short years ago. Now, that number is under 5%. Inevitably, the decline over recent years has also reduced the availability of used diesel-powered cars.

The term “Electric Vehicle” (EV) has traditionally been used to encompass all types of electric vehicles, including hybrid and battery-powered vehicles.

Advanced Driver Assistance Systems of ADAS technology can vary from car to car but can include: Speed Assistance—Using the car’s cameras, road map data, or

The Government has introduced a series of adjustments to its Zero-Emission Vehicle (ZEV) mandate, which is designed to accelerate the shift from fossil-fuelled vehicles to zero-emission, primarily electric vehicles (EVs), to help reduce pollution and cut greenhouse gas emissions.

Respected automotive industry experts Cox Automotive has forecasted that used EV values will stabilise this year in what it expects to be a broadly flat market, with sales of slightly over 7.6 million used vehicles.

And it wasn’t even a close contest with petrol and diesel cars written off at more than double the rate of electric vehicles (EVs). The

The Zero Emission Vehicle Mandate, or ZEV, has been in place since January 2021. It requires car manufacturers to ensure that a certain percentage of all new cars they sell are zero-emission, which means fully battery electric vehicles (BEVs).

There is nothing new about a car losing money from the moment it leaves a dealer’s forecourt. Apart from a brief period in the aftermath of the global pandemic when there was a shortage of new cars, the fact is that cars lose money and some more than others.