With more and more EVs coming off manufacturing lines, motor traders can expect to see more of them available for resale and at auction. At SYNETIQ, we’re already adapting to the ever-growing number of total loss electric and hybrid cars, with a huge range of salvage electric vehicles and salvage hybrid vehicles available to bid on.
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Today, electric vehicles are more expensive to buy new upfront than petrol or diesel cars, largely because of the technology that powers them. Despite the higher upfront cost of buying an EV compared to a traditional ICE vehicle, lower running and maintenance costs help to offset the difference.
According to research by data company KeeResources, fully electric vehicles cost at least 30% less to service and maintain. So with fewer moving parts to wear down and no oil to change, gaskets to replace or valves that clog up, the long-term savings compared to fossil-fuel powered cars that can be made are compelling.
Although electric vehicles only have a handful of parts in comparison to conventional internal combustion engines, they do have complex electrical components like high voltage (HV) relays, HV air conditioning pumps and HV inverters. And although they are fewer in number, electric vehicle parts are connected through sensors and embedded software.
This makes repairs more costly and, if an accident happens, insurers could be more likely to write off a vehicle as a total loss because the economics of repair outweigh the value of it.
As drivers become increasingly climate-conscious and the race for reduced emissions intensifies, manufacturers are gearing up to meet demand. The future is electric. But for the majority, a new electric car from a traditional forecourt remains prohibitively expensive.
Electric and hybrid vehicle auctions provide an opportunity for used car dealers to invest in restoring electric vehicles, as demand for more budget-friendly EVs grows. So if you’re savvy and looking to meet the increasing demand for second hand electric and hybrid cars, SYNETIQ can help with a huge range of great value EVs you can buy entirely online on our daily auctions.
SYNETIQ stock a huge range of EVs for mechanics with the skills and the knowledge to repair and resell, with models like the practical Toyota Prius and Honda Jazz hybrids and the increasingly popular Tesla range hitting our auction block.
Although there are certainly complex electrical systems to consider when it comes to repairing electric and hybrid vehicles, most qualified mechanics will be able to carry out typical repairs and maintenance like working on brakes or suspension, just like on a traditional ICE vehicle.
However, when it comes to bigger repairs like salvage rebuilds that involve working with high voltage systems, it’s crucial to follow the correct safety procedures taught on hybrid and electric vehicle training courses.
Although EV adoption is on the rise, the aftermarket EV part market is lagging behind since EV’s require fewer consumable parts and less maintenance. So, if you’re looking for EV parts to repair a salvage EV, your best bet right now is breakers and scrap yards. SYNETIQ has a quality selection of used electric and hybrid car parts and components for your electric vehicle repairs, with models like Toyota Hybrid parts and spares ready for delivery or collection to get you back on the road.
As one of the UK’s largest vehicle salvage, dismantling and recycling business, SYNETIQ is a leading provider of used electric and hybrid vehicle parts. All our second hand EV and hybrid parts match the original manufacturer standards, are quality assured and ready to repair existing vehicles.
As more and more drivers choose to make the switch to electric, the more electric and hybrid vehicles we dismantle, and the greater our supply of electric green parts becomes, meaning better financial and environmental savings for you.
To keep your electric vehicle operating flawlessly, you should regularly inspect its parts and replace them as they wear out.
You can buy all the necessary electric and hybrid car parts up to 75% cheaper than the RRP on our web shop or eBay store.
SYNETIQ Limited, Bentley Moor Lane, Adwick-le-Street, Doncaster, Yorkshire, United Kingdom, DN6 7BD
Company No. 11771655
VAT Number 315 694 587
