THE Government has said it will ban all diesel and petrol powered cars from 2040 bringing the curtain down on the era of the internal combustion engine.

Ministers unveiled their court-mandated plans for meeting EU limits on harmful nitrogen dioxide pollution this morning.

They include a £255 million fund to help local authorities come up with ways to improve air quality, ranging from improving public transport and changing road layouts, to charging zones for polluting vehicles if other measures don’t work.

But much of the focus was on plans to end the sale of all conventional petrol and diesel cars by 2040, to help tackle air pollution and climate change emissions.

The impending shake-up is already having an impact on the electric car market.

Consumer interest in electric vehicles is soaring. The market for alternatively fuelled vehicles (AFVs) saw a record market share of 4.4 per cent in June with more than 10,700 hitting the roads, a rise of 29 per cent.

At the same time the overall used market for electric vehicles has seen values increasing by 7 per cent this year.

Motoring expert Chris Plumb from hpi said:

“Interestingly it appears to be the range extender models which is 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.

“The optional range extender can increase the range of the BMW i3 in comfort mode from up to 125 miles to a total of 206 miles. The small, rear-mounted, quiet two-cylinder petrol engine powers a generator that maintains the charge of the battery at a constant level, so that the BMW i3 can continue to drive electrical.”

A used BMW i3 with 15,000 miles on the clock has a used value of £14,650 against a new price of £30,925.

The made-in-Sunderland Nissan Leaf with the 30KWh power train is attracting higher used values than the lower powered 24kWh battery pack as it has a larger range.

According to Nissan, the Leaf has an official range of up to 124 miles (4kWh) or up to 155 miles (30kWh).

Source: The York Press

Chris Plumb, a motoring expert from HPI, said: “Interestingly it appears to be the range extender models which is 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.

“The optional range extender can increase the range of the BMW i3 in comfort Mode from up to 125 miles to a total of 206 miles. The small, rear-mounted, quiet two-cylinder petrol engine powers a generator that maintains the charge of the battery at a constant level, so that the BMW i3 can continue to drive electrical.”

The Nissan Leaf with the 30KWh power train is attracting higher used values than the 24kWh as it has a larger range, with an NEDC range of up to 124 miles (Leaf 24kWh) or up to 155 miles (LEAF 30kWh).

Demand for petrol hybrid used vehicles remains high. Used values bucked market trends in June and prices strengthened overall, moving up by an average of 0.2% at three years 60,000 miles.

Certain derivatives performed particularly well such as the Toyota Prius (12-17) Plug-In which increased by 3.9%, Lexus RX (12-16) Hybrid which saw values rise by 2% as too did the Prius+ (12- ) Hybrid.

Source: FleetNews

As electric car sales rise, so does the number of them available on the used car market.

So the question is, which are the best used electric car buys available right now?

The first one is obvious – the BMW i3. This fantastically styled little hatchback is the embodiment of what we think of when someone says ‘electric car’. It has an exceptionally modern design that even four years on still looks futuristic, and the same can be said about the interior that is uber modern with its crisp design and light-coloured textiles and wood used throughout.

To buy one new today will set you back a minimum of £32,340 with a government grant of £4,500. However, search on the second-hand car market and you can pick yourself up a great deal.
According to research by valuation and provenance experts Cap HPI, a 2015 registration with just 20,000 miles on the clock can be bought for less than £14,650. Opt for the one with the range-extending three-cylinder petrol engine and you’ll pay from £18,400.

Another car on the list is the Nissan Leaf. This is an electric hatchback that has been with us for some years now but is still a very popular choice – much of which is down to its reliability and affordability.

A new top-spec Tekna variant of the Leaf will cost around the same as a BMW i3 with a few goodies, but second-hand and the savings are very impressive. A 2015 model can be had from £9,900, meaning electric cars can bought for an affordable price.

The third car on the list isn’t quite a fully electric vehicle, but the Toyota Prius is still a hybrid. Second-hand values are surprisingly strong, and have in fact risen slightly by 3.9 per cent.

The research shows that there are electric and hybrid models to suit most budgets out there, with used examples being excellent value for money when considering the savings on fuel over a 12-month period too.

Source: Aol.