Corporate Member PeopleThe transformation imperative: why asset, auto & equipment finance firms must act now
Corporate Member AppointmentsTime Finance appoints new Head of Structured Credit to asset finance division
Auto Finance News Electric vehicles top fastest-selling chart Published: 29th January 2020 Share Electric vehicles are selling fastest on the UK’s forecourts according to data experts at cap hpi. Analysis of advert data shows electric vehicles take 39 days to sell on average, compared to 48 days for an average petrol model. Chris Plumb, senior valuations editor at cap hpi, said: “It is clear retail demand is building in the new and used market for electric vehicles. We have seen values strengthen throughout 2019, and it’s clear they provide a profitable stock choice for dealers.” “We expect 2020 to be a big year for new registrations of electric vehicles and the used market will continue to mature as the roll-out of charging infrastructure and increased battery ranges accelerate the adoption of these vehicles.” Finance Connect Finance Connect brings you news and updates about UK and European auto, equipment and asset finance providers. Sign up to our newsletter Featured Stories NewsGlobal Vehicle Group reports ‘transformational’ 2025 NewsIndependent Glass updates fleet with specialised vehicles from Asset Alliance Group NewsHigher consumer confidence seen as key to used car market growth in 2026 Auto Finance