considering buying a used Electric Vehicle (EV) for their next car, with a similar number (55%) looking to switch to a second-hand EV within the next five years.
With the ban on sales of new petrol and diesel cars being introduced in 2030, many motorists are considering making the switch to electric ahead of the deadline.
But, the insurer found the cost of a brand new EV is the biggest barrier preventing motorists from making the switch, with almost half (45%) admitting a new EV is too expensive, while others (37%) simply said they don’t want to pay for a new EV.
To help drivers considering a second-hand EV instead, Admiral has created an online tool which highlights how much they would pay on average for a second-hand EV in cities round.
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