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Marketcheck reveals used EVs have fallen to their lowest ever price in the UK

Today, Marketcheck – the UK’s most significant source of used car market insights – published figures tracking the performance of the used EV market over the last two years. The analysis revealed that more used EVs have been sold than ever, at the lowest ever price.

A total of 21,902 used EVs were sold in July 2025, a 14,390 increase when compared with the same month in 2023. Marketcheck’s study showed significant growth this year. In January 2025, a total of 16,227 used EVs were sold throughout the UK. July this year therefore, saw a 39.97% increase in volume sold.

MonthVolume of Sold EVs
July 20237,512
January 202516,227
July 202521,902
Graph of volume of solf EVs

Looking at the average last-listed price of all used EVs sold each month between July 2023 and 2025, Marketcheck reveals that the average cost of a used EV has fallen by £5,214.59 over those two years. In July 2023, the average last listed price was £27,762.00. By July 2025, this had fallen to £22,547.41. 

Prices have continued to fall this year. In January 2025, the average last listed price was £24,352.41, representing a 7.41% decrease in cost this year.

MonthAverage Last Listed Price
July 2023£27,762.00
January 2025£24,352.59
July 2025£22,547.41
Graph of last listed price of an EV

Alastair Campbell, Marketcheck UK, commented:

“The used EV market is clearly hitting its stride. July saw the highest number of used EVs ever sold in a single month, and at the lowest average price we’ve recorded.

In just two years, prices have dropped by more than £5,000, while sales volumes have surged. 

That combination of falling prices and rising demand shows the market is becoming both more accessible and more mature. For many UK buyers, a used EV is now a realistic and attractive alternative to petrol and diesel.”

ENDS

Notes to Editor:

MonthVolume of Sold EVs% ChangeAverage last listed price% Change
July 20237,512 27,762 
August 20238,45812.59%27,7660.01%
September 20238,248-2.48%27,8010.13%
October 20237,396-10.33%28,5422.67%
November 20237,5141.60%28,076-1.63%
December 20236,792-9.61%29,7105.82%
January 202410,13549.22%26,535-10.69%
February 202410,3432.05%25,588-3.57%
March 202411,68312.96%25,410-0.70%
April 202411,225-3.92%25,6641.00%
May 202412,88914.82%24,857-3.14%
June 202413,4214.13%24,378-1.93%
July 202413,9393.86%23,783-2.44%
August 202415,0828.20%24,5773.34%
September 202414,839-1.61%23,818-3.09%
October 202413,405-9.66%23,9290.47%
November 202411,962-10.76%24,5112.43%
December 20249,856-17.61%25,0302.12%
January 202516,22764.64%24,353-2.71%
February 202517,6899.01%24,210-0.58%
March 202520,88218.05%24,3740.68%
April 202518,114-13.26%23,405-3.97%
May 202519,8369.51%23,030-1.61%
June 202520,0811.24%22,806-0.97%
July 202521,9029.07%22,547-1.13%

About Marketcheck:

https://marketcheck.uk/

We are the leading source of UK automotive data. We collate, enhance and manage more data on the UK used car sector than any other provider. For automotive businesses we bring unprecedented access to live data to power analysis, pricing, reporting and AI agents on the UK used car market.

We track over 650,000 cars and 11500 dealers across 16k locations daily.

Contact:

Alistair Harrison
[email protected]