Consumer interest in alternatively fuelled vehicles is soaring, a new report has revealed.
The study by vehicle history checking company HPI shows alternatively fuelled vehicles saw a record market share of 4.4 per cent in June.
Last month saw 10,700 AFVs registered for road use, meaning more than 60,000 have taken to the road this year.
As a result, the used market for AFVs has seen values increase by 7 per cent since January.
The biggest value-holder of alternatively fuelled vehicles on the used market is reportedly the BMW i3 with optional petrol range extender. The car can be bought new from £34,075 while used examples average £18,400 for 2013-16 model years — roughly 54 per cent of the car’s original value.
Non-range extender versions of the German city car have seen used values hold an average value of roughly 47 per cent of the original price: £14,650 from £30,925.
Chris Plumb of HPI said: “Interestingly, it appears to be the range extender models [of the i3] which are driving the recent strong performance, as values of pure electric have struggled of late. The BMW i3 is a popular choice and is a great second-hand buy. It brings a good level of specification and badge prestige.”
Elsewhere, the 24KWh model of the all-electric Nissan Leaf has seen values fall to 32 per cent of the original values for 2015 model years onwards, to an average of £9,900 from the new price of £30,535. Meanwhile the 30KWh model — which has a higher range than the less powerful model — has held its value better, averaging roughly 38 per cent of original value, around £12,200 compared with a new price of £31,435.
