Used electric vehicle prices rose year-on-year in June for the first time since December 2022, as the wider used car market continued to show resilient pricing, steady transactions and fast stock turn.
Autotrader’s latest Retail Price Index shows the average price of a used car reached £17,194 in June, up 0.8% year-on-year on a like-for-like basis. The rise marks the strongest rate of used car price growth since August 2023.
Autotrader said serious buyers remained active during the month despite the summer heatwave and World Cup competing for consumer attention.
Used car transactions rose around 1% year-on-year, while year-to-date volumes remained broadly level.
The average used car took 30 days to sell in June, unchanged both month-on-month and year-on-year.
EV prices rebound
Used EV prices rose 1.6% year-on-year to £24,662 in June, marking the first positive annual growth since December 2022.
The increase follows stabilisation in May, when used EV prices were flat year-on-year after a 40-month period of decline.
Used EV prices also rose 1.4% month-on-month in June, while the wider used car market softened by 0.4% in line with normal seasonal trends.
Autotrader said the turnaround is being supported by sustained buyer appetite and tightening supply.
Used EVs sold in an average of 25 days in June, five days faster than the overall used car market and a week quicker than the 32 days recorded in June 2025.
Momentum was strongest among used EVs aged three to five years, where prices rose 8.9% year-on-year to £19,295.
That cohort sold in an average of 21 days, highlighting a clear stock opportunity for retailers.
Older cars hold firm
Older used cars also continued to support price growth, with constrained supply and affordability pressures strengthening demand across older age cohorts.
Cars aged 10 to 15 years were the strongest performing segment, with average prices rising 7.8% year-on-year and 0.1% month-on-month to £7,238.
Cars aged over 15 years rose 5.1% year-on-year to £5,210, while five to 10-year-old cars increased 1.6% year-on-year to £14,314.
Autotrader said the long tail of pandemic-era supply disruption is now affecting the five to seven-year-old cohort, tightening availability of traditional high-volume models.
For buyers with budgets of £15,000 to £18,000, this is encouraging greater consideration of slightly older premium cars instead of newer volume models.
Autotrader said retailers need to look beyond headline averages and understand where age, brand, fuel type and affordability are creating the strongest stock opportunities.
June’s model-level data also showed strength among more distinctive and enthusiast-led models, with the Alfa Romeo Giulia, Audi RS6 Avant, Porsche Boxster, BMW Z4 and Mercedes-Benz SL among the fastest-rising used cars on a like-for-like basis.
Marc Palmer, head of strategy and insights at Autotrader, said: “June’s data points to a used car market that remains highly resilient, with serious buyers continuing to transact despite the summer heatwave and World Cup fever competing for attention. For retailers, that commitment is supporting stable transactions, resilient pricing and a consistent speed of sale.
“The standout story this month, though, is clearly electric. After a prolonged period of price adjustment, used EVs have moved from stabilisation into genuine growth. For retailers, the opportunity isn’t just about having EV stock available, but having the right EV stock, priced accurately and marketed with confidence.
“More broadly, this is exactly the kind of market where pricing discipline matters. With demand, supply and values moving differently across segments, the best outcomes will come from pricing that reflects live retail market conditions, rather than simply working up from cost.”
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