The Tesla Model Y has entered Dealer Auction’s top used car profit rankings for the first time, with average margins reaching £4,400 in April.
The Model Y achieved an average retail margin of £4,400, which Dealer Auction said reflects growing dealer confidence and stronger profitability in the used EV market.
The latest figures also showed hybrids continuing to strengthen their position in the trade market, with the Toyota C-HR hybrid also featuring in April’s rankings.
EVs predicted to crack sub-£10,000 chart soon
Tesla Model Y performance was highlighted by Dealer Auction marketplace director Kieran TeeBoon, who linked growing EV profitability to wider market conditions.
He said: “What once felt like future targets are now showing up in real returns.
“Electrified models are beginning to prove their commercial weight, no doubt boosted by demand caused by the Iran conflict and the resulting fuel rises.
“Tesla has always been a strong performer in our alternative-fuel-focused publication, the EV Performance Report (EVPR), but the Model Y’s performance amongst all fuel types suggests the EV conversation is changing: from ‘when?’ to ‘how high?’.
“Of course, the over-£10,000 top 10 is more premium-focused, but I think we’ll see EVs crack the sub-£10,000 chart in the not-too-distant future.”
Mazda CX-5 tops sub £10k category
In the sub-£10,000 category, the Mazda CX-5 topped the rankings for the first time since August 2025.
Dealer Auction said the model recorded one of the strongest monthly retail margins seen in the report, alongside the fastest average days-to-sell figure on record at 23 days.
The report also highlighted continued strong performances from the Ford Kuga, Nissan Qashqai and MINI Hatch, while the BMW 3 Series returned to the top 10 after several months outside the rankings.
The Honda CR-V made its first appearance since August 2025, while the Mercedes-Benz E-Class and Ford EcoSport re-entered the chart for the first time since 2024. The Volkswagen Passat also entered the rankings in 10th position.
At brand level, Land Rover recorded the highest average margins in both the under-£10,000 and over-£10,000 categories, reaching record highs in each chart.
Dealer Auction also reported a record total retail value of vehicles sold through the platform in April at £53.6 million, up from £52.6m the previous month. Fresh vehicle stock added to the marketplace increased by 40%.
TeeBoon said: “What stands out isn’t just the new high-water mark for retail value, but the momentum behind it.
“The uplift in fresh stock shows that the appetite to move more vehicles through smarter channels is clearly there. Growth at this level, sustained month-on-month across a mix of powertrains and retail values, points to a platform that’s becoming increasingly central to how dealers operate.”
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