Supply of used EV and hybrids outpaced demand in Q1

Staff
By Staff
6 Min Read

The increased supply of used electric and hybrid cars in Q1 has resulted in a 10% price drop year-on-year for the period, according to AA Cars.

The latest AA Cars Used Car Index shows the average cost of the top 20 most searched for EVs and hybrids on AA Cars dropped from £20,956 to £18,973 over the past year, with prices falling 6% since the final quarter of 2024.

The Toyota Yaris (hybrid) – the most searched for EV or hybrid – dropped in price by 14% over the last 12 months, while the Toyota Prius has seen the biggest price fall (-42%).

This was followed by the Nissan Leaf (-25%), Renault Zoe (-25%) and Tesla Model 3 (-22%). Only two of the top 20 most popular used EVs and hybrids rose in value over the past year — the Volkswagen Golf (7%) and Kia Sportage (2%).

James Hosking, director of AA Cars, said: “The most popular second-hand EVs and hybrids are becoming more and more affordable for the average motorist.

“The supply of used electric and hybrid vehicles continues to outpace demand, which is why we’ve seeing such significant price falls. Buyers are saving over £2,000 compared with this time last year, even though the average age of used EVs and hybrids on the site has fallen slightly during this period.

“We may soon reach a point where the most popular second-hand EVs and hybrids are cheaper than their petrol and diesel counterparts.

“The divergence in prices is good news for drivers supporting the transition to greener vehicles and should help generate increased demand among consumers.”

Most popular Hybrid/EV ranking Make and model Average price this year (Q1 2025) Average price last year (Q1 2024) Average price last quarter (Q4 2024) Annual price change (Q1 2024 to Q1 2025) Quarterly price change (Q4 2024 to Q1 2025)
1 Toyota Yaris £15,386 £17,569 £15,612 -14.00% -1%
2 Toyota Prius £10,067 £14,341 £11,671 -42.00% -16%
3 Honda Jazz £17,083 £17,796 £17,103 -4.00% 0%
4 Nissan Leaf £11,171 £13,952 £11,995 -25.00% -7%
5 Nissan Qashqai £21,705 £24,577 £23,478 -13.00% -8%
6 Toyota RAV4 £24,692 £24,850 £25,320 -1.00% -3%
7 Kia Niro £19,001 £20,656 £19,557 -9.00% -3%
8 Toyota Corolla £18,695 £19,850 £18,992 -6.00% -2%
9 Toyota C-HR £19,309 £19,929 £20,006 -3.00% -4%
10 Toyota Auris £9,974 £11,472 £10,382 -15.00% -4%
11 Kia Sportage £25,526 £24,888 £25,932 2% -2%
12 Mitsubishi Outlander £12,007 £14,578 £12,831 -21% -7%
13 Renault Zoe £9,476 £11,872 £10,065 -25% -6%
14 Ford Kuga £24,235 £27,105 £25,415 -12% -5%
15 Lexus RX £26,810 £32,445 £29,441 -21% -10%
16 Tesla Model 3 £20,313 £24,778 £23,197 -22% -14%
17 Volvo XC40 £26,741 £30,722 £28,112 -15% -5%
18 Honda CR-V £25,832 £27,246 £26,779 -5% -4%
19 BMW 3 Series £20,923 £21,470 £23,152 -3% -11%
20 Volkswagen Golf £20,515 £19,021 £21,778 7% -6%

Petrol and diesel prices remain stable for in demand models

Prices for the most sought-after petrol and diesel cars have remained more stable over the past year, falling by just 3% to £15,428 in the first quarter of 2025.

Compared with the previous quarter — October, November and December — average prices have seen a slight decrease of 2%, down from £15,708.

The Nissan Qashquai – the most popular used car at the start of 2025 – has fallen 3% in value over the past year, while the Volvo XC40 (-19%), Ford Transit (-18%) and Fiat 500 (-13%) have seen the biggest drops.

Most searched-for vehicles in Q1 2025, with annual and quarterly price changes

Most popular car ranking Make and model Average price this year (Q1 2025) Average price last year (Q1 2024) Average price last quarter (Q4 2024) Annual price change (Q1 2024 to Q1 2025) Quarterly price change (Q4 2024 to Q1 2025)
1 Nissan Qashqai £15,631 £15,180 £15,717 3.00% -1%
2 Vauxhall Corsa £9,870 £9,959 £9,756 -1.00% 1%
3 Ford Fiesta £8,649 £9,547 £8,995 -10.00% -4%
4 Ford Focus £10,952 £11,484 £11,018 -5.00% -1%
5 Mercedes A Class £17,073 £18,322 £17,516 -7.00% -3%
6 Nissan Juke £13,507 £13,175 £13,518 2.00% 0%
7 Audi A3 £18,895 £20,169 £19,428 -7.00% -3%
8 Volvo XC40 £26,491 £31,452 £28,760 -19.00% -8%
9 Kia Sportage £19,084 £18,002 £18,959 6.00% 1%
10 Volkswagen Polo £12,334 £12,230 £12,299 1.00% 0%
11 Ford Transit £17,141 £20,192 £17,094 -18% 0%
12 Ford Kuga £16,817 £16,479 £16,951 2% -1%
13 Volkswagen Golf £16,507 £16,679 £16,489 -1% 0%
14 Volkswagen Tiguan £21,961 £20,910 £21,571 5% 2%
15 Vauxhall Mokka £12,767 £12,543 £12,685 2% 1%
16 MINI Hatch £13,845 £13,721 £13,690 1% 1%
17 Audi A1 £15,613 £15,836 £16,138 -1% -3%
18 Toyota Yaris £14,456 £14,583 £14,715 -1% -2%
19 Hyundai Tucson £19,395 £18,785 £20,131 3% -4%
20 Fiat 500 £7,569 £8,528 £8,738 -13% -13%
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