Private buyers just don’t do the mileage to make it cost effective over the period of the finance agreement they typically sign up for. Very few private buyers buy cars to keep compared to your typical PCP/PCH cycle.
If you look into this though — if you do 10,000 miles a year, this will cost about £1500 in fuel in a diesel and about £200 in an EV. That’s £108/month difference which can be put towards the higher cost of buying/hiring/leasing an EV.
E.g If it’s £400/month to lease a 330d and £500/month to lease a Model 3, the actual cost works out about the same.
Once more people start leasing and PCP’ing EV’s, this will bring 2/3 year old used models which will hopefully then build a good used market.
The main issue is there’s only really the Tesla M3 that’s a viable alternative to the 3 Series / A4 / C class right now. We need more options!