UK Weekly Used Car Market Data – March 2025
Understanding the ongoing trends in the ever-evolving UK used car market is crucial for automotive businesses. These insights can help car dealers, insurance companies, investment firms, and other sector stakeholders sharpen their strategies on a regular basis. Here, we delve into the week-on-week data for the internal combustion engine vehicles (ICE) and electric vehicles (EV) market segments.
The at-a-glance figures for the week ending 22nd March 2025, show a total dealer count of 10,582 for ICE vehicles, with an inventory of 600,558. The electric vehicle market is relatively smaller, with a total of 4,694 dealers having 94,627 units listed.
EV Trends in the UK Car Market
For the week ending 22nd March 2025, the electric car market saw 4,694 dealers, a subtle increase from the previous week. The total listings stand at 94,627, witnessing a 1.5% growth week-on-week. The median price is approximately £26,578, which is fairly consistent from the previous week.
The electric inventory by price bands:
- 0-10K: 3,911
- 10-20K: 35,249
- 20-30K: 30,148
- 30-40K: 13,064
- 40-50K: 5,424
- Above 50K: 5,667
This pattern of distribution suggests a concentrated market within the £10,000 to £30,000 price brackets
ICE vs EV: A Comparative Study
Comparing EV and ICE vehicle markets offers compelling insights into market shifts and consumer preferences. As of the week ending on 22nd March 2025, there were 10,582 car dealers listing internal combustion engine (ICE) cars, with a total of 600,558 listed. The average price for these cars was £18,826.
The used car listing for ICE vehicles by price bands was as follows:
- 0-10K: 176,969
- 10-20K: 231,442
- 20-30K: 106,511
- 30-40K: 37,419
- 40-50K: 15,528
- Above 50K: 21,723
The majority of the vehicles in both ICE and EV categories fall within the £10,000 – £20,000 range, indicating a robust market for affordable cars. Notably, EVs command a higher average price, indicative of their premium positioning
Top 100 Dealers: A Closer Look
Among the top 100 dealers, 57,344 EVs were listings at an average price of £27,056. In comparison, the ICE vehicle market had 212,516 vehicles listed by the top 100 dealers at an average price of £22,658.
For a deeper understanding of automotive market insights and UK car price trends, turn to our comprehensive data services at Marketcheck UK. Get access to valuable data feeds, APIs, spreadsheets, and analysis tools to take your automotive business decision-making to a higher level.
Next week: 29th March | Previous week: 15th March