The recent huge rise in fossil fuel prices are driving up the demand for EV’s.
That is given I think.
ICE drivers who liked to mock the EV drivers only 12 - 18 months ago, have taken a very different view point now alright !.
High demand for EV’s are causing LONG waiting lists, which in turn has increased the price of both new and second hand EV’s.
Two year old EV’s with high residual values are seeing owners receiving almost the same price paid ( new ) by their owners at selling time.
The problem here is of course, is that the price of the new EV has increased massively in line.
Poor supply of almost ALL new cars in general, is causing over inflated prices requested for good second hand units.
Now is not a greet time for buying over priced used second hand cars IMHO.
This bubble has to burst at some point, but given the “Perfect Storm” surrounding us right now, I can not see this bubble popping for another 12 months yet.
Strangely enough, I pop in to our local supermarket today.
While there I decided to put some fuel

️ in the wife’s little Fiat 500.
Yeah - I know, but she thinks it’s cute ?.
Remember, I have not visited a petrol station for a while now and have to admit that I have lost touch of just how much fossil fuel has increased in price.
Well, I stopped pumping when the amount on the pump very quickly racked up, that I had spent £50 in almost the blink of an eye.
It only gave me about 6 gallons roughly !.
On the drive back home, I kept repeating the following words ;- 50 quid ,,,, 50 dam quid ?.
So it’s not rocket science, it is easy to understand why the demand is SO high for EV’s.