Older hybrids top Dealer Auction's May AFV margin chart

Dealers turned to older stock in May: hybrids took 90% of the top 10 spots for margin, CAP Clean performance and sales volume on Dealer Auction's platform in May, with the Volvo XC60 leading trade profits despite the average vehicle now sitting at 5.5 years old, the oldest since the report launched, and average mileage up 6,000 to 41,017, which was not a record. Retail margins on AFVs overall fell £500 month-on-month to £3,130, still well above January's £2,412, but hybrid's growing share of the mix suggests buyers trust proven mid-life powertrains over younger EVs. Worth weighting disposal timing and part-ex expectations accordingly.