Second-hand EV market: strong growth in France

Between 2021 and 2024, the second-hand electric vehicle (EV) market in France expanded significantly. Sales volumes increased sevenfold in three years. By December 2024, EVs represented nearly 10% of recent second-hand car sales, for vehicles aged 13-59 months. This growth was driven by mid-sized models and the rapid rise of city cars.

However, this momentum remains fragile. The second-hand EV market is less fluid than the combustion market. Resale times are longer. Average ownership duration is shorter. Residual values are under pressure, amplified by large leasing returns since 2023.

Although nearly one in two buyers is considering a second-hand EV, sales remain limited. In April 2024, they accounted for only 3,3% of all second-hand transactions, according to AAA Data. Several barriers persist: perception of high prices, limited transparency about battery condition, and a stronger need for buyer guidance.

The study highlights three levers to support this market. First, better inform and guide buyers with clear, educational tools. Second, make second-hand EVs more financially attractive through targeted support measures. Third, build trust by providing standardized battery health certificates.

The second-hand EV is emerging as a strategic lever. It can accelerate the democratization of electromobility and contribute to France’s 2050 climate objectives.

Read the full study on second-hand EV market (in French) conducted by Avere-France in partnership with Gireve.