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 … [Read more...]
Iran war batters drivers’ wallets
Almost three quarters of motorists (73%) say their finances have been stretched by the impact of the war in Iran, according to new research. July’s Startline Used Car Tracker shows a third (33%) think it will be at least six months before their situation recovers, a quarter (25%) more than 12 months, and 10% over two years. Consequences such as rising pump … [Read more...]
Iran War fuels switch to EVs
More than nine out of 10 dealers (92%) say events such as the war in Iran make more car buyers think about switching to electric. May’s Startline Used Car Tracker shows 67% believe potential buyers are aware fuelling an electric car is potentially much cheaper than petrol or diesel, 57% that the sheer speed of fuel price rises is a factor and 21% that the … [Read more...]
