Used car market records second quarter of growth with one in 20 drivers going electric

The UK’s used car market continued to grow in Q3, up 0.5% as 2,030,619 vehicles changed hands, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The performance is the strongest Q3 since 2021. Year to date, the market has grown 0.3% to 6,056,169 transactions – the best first three quarters since 2019.