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Is bad news for oil prices good news for EV residual values?

Join the The Leasing Foundation Sustainability Initiative for a free webinar exploring one of the biggest current questions in asset finance and automotive lending.

Despite rising new EV registrations and growing adoption, second-hand EV values continue to fall. Many expected values to stabilise by now, but the market remains under pressure.

At the same time, recent oil price spikes have shaken markets and increased the running costs of petrol and diesel vehicles. Could this shift demand towards used EVs and help strengthen residual values?

In this session, we’ll look at whether rising fuel prices could change buyer behaviour, alongside the wider market factors continuing to shape EV values.

Details:

Speaker: Charles Garfit

Date and Time: Friday 26 June 2026, 10am – 10.45am
Location: Online via Zoom – please register here to receive zoom details.

Discussion topics include:

• The link between oil prices and used EV demand
• Why EV residual values continue to fall
• How residual values were originally set and where assumptions may have gone wrong
• Wider market factors affecting EV pricing
• What asset finance firms need to think about as the transition to net zero continues

About the speaker

Charles Garfit has worked in the leasing and asset finance sector for more than four decades, holding senior roles at Lombard, Santander and HSBC.

At HSBC, he worked in Corporate Development and played a key role in the transition to zero emission vehicles while also overseeing the operating lease book. Today, Charles continues to advise a number of funders across the sector.

A Chartered Surveyor by background, Charles brings a unique asset-led view of the market and is known for his direct and practical approach.

Register now to secure your place.

About the Leasing Foundation Sustainability Initiative

Leveraging our industry networks and spheres of influence, our goal is to support improved sustainability through education, innovation and the sharing of best practice.

The Leasing Foundation Sustainability Initiative will deliver quarterly webinars designed to inform, educate and accelerate improved sustainability, bringing you leading experts and thought leaders from the world of sustainability and the green asset sector to share knowledge and inspire positive change.

We have the unique opportunity to improve both our own performance and that of our customers through enabling investment in assets that will deliver environmental gains. 

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