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‘New breed’ of diesels to rejuvenate used demand

The arrival of Euro 6-compliant diesel cars in auction halls across the UK will help drive demand for used diesels, potentially bringing the return of diesel as the preferred fuel type in the used car market.

Diesel still has a place in fleets, says Lex Autolease

The arrival of Euro 6 ex-lease cars will bring a resurgence in the used diesel market, says Shoreham

So says Shoreham Vehicle Auctions (SVA) as the Euro 6 cars start coming off lease contracts at between 42 and 48 months.

Alex Wright, managing director of SVA, said: “Despite the tipping point having arrived for EV vehicles, we will see the diesel market recover and, due to the reduction in new diesel sales, the pendulum will swing back to an increased demand in the second-hand market.

“The new generation of petrol owners in an SUV will realise the extra running costs versus diesel, and when the green light is given by the Government that these new-generation diesels are actually helping the country reduce CO2 and NOx emissions, it will be accepted as a ‘green’ solution until EVs fully establish themselves. We must remember that petrol powertrains generate CO2 and NOx emissions too and, arguably, have progressed less than diesels in recent Euro standard iterations.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.