Bicycles cross the entrance to the used market

Fewer used cars changed hands in October. Meanwhile, the number of used electric vehicles increased by 22 percent compared to last year.

12.11.2026 07:35 | Updated 08:22

47,199 car ownership transfers were recorded in October. This is 2.7 percent fewer than in the same month last year.

Electric vehicles, however, showed strong growth. A total of 17,458 electric vehicles changed hands, representing a 22.4 percent increase.

At the same time, the number of ownership transfers for diesel cars dropped by 14.4 percent, gasoline cars by 10.2 percent, and plug-in hybrids by 19 percent, according to new figures from OFV.

Highest increase for the second month in a row

Electric cars accounted for 37 percent of all vehicle sales, making them the leading segment in the used car market for the second consecutive month. In September, the share was 35.7 percent.

“October shows that electric cars have become a completely ordinary used car for most people,” says Geir Inge Stokke, executive director at OFV.

Gas and diesel cars still combined to account for over half of all sales. However, the trend clearly points toward electric vehicles.

Shorter Time on the Market in Finland

Numbers from Finland support the picture of a vibrant used car market for electric vehicles.

Electric cars made up 35.7 percent of the published car ads in October. The fact that they were published indicates the cars have been sold.

Dealer-owned cars stayed on the market for 26 days, compared to 28 days in September and around 30 days in the summer.

– We see a highly active used car market where cars are selling faster than usual. At the same time, prices remain very stable, says Terje Dahlgren, a market expert at Finn.

The average last listed price for used cars was 232,929 kroner, a 0.7 percent decrease compared to adjusted September figures. For electric cars, the average was 342,790 kroner.

Finn emphasizes that cars listed for sale do not necessarily mean they have been sold. Additionally, the prices are listed prices, which are not always identical to the final sale amount.

The figures point in the same direction

Finn and OFV measure different things, but the results are close. Electric cars accounted for 35.7 percent of listed cars and 37 percent of actual ownership transfers.

The model rankings show both similarities and differences. The Tesla Model Y, Nissan Leaf, and Tesla Model 3 finished in second, third, and fourth place in both rankings.

The Volkswagen Golf led in ownership turnover statistics for OFVs but ranked seventh among Finn vehicles. This difference highlights that published ads and recorded ownership changes are not the same thing.

The shorter lifespan of dealer-owned vehicles is also relevant because most people who buy used electric cars do so from a dealer.

In the Electric Vehicle Association’s survey “Elbilisten 2026,” 60 percent said they bought their car from a brand dealer, 24 percent from a used car dealer, and only 15 percent directly from an individual.

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The article Electric vehicles despite the decline in the used market first appeared on Norsk elbilforening.