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Price of used cars hit 18-month highs

Marketcheck, the UK’s most significant source of data on the used UK market, has today published statistics on the cost of a used car in the UK.

Marketcheck analysed the average last listed price for all used cars, across all fuel types, between May 2023 and October 2025. The average cost fell from £17,848.21 in May 2023 to £15,727.45 in July 2024, a fall of 11.88%. This was the lowest average cost during the period covered by Marketcheck’s research.

However, in bad news for drivers, costs have increased over the previous 18 months. From this July date the average began to trend upwards, reaching its peak in September 2025. The average last listed price increased by £1,121.43 (7.85%) compared with July 2025 to £16,962.72.

Average last listed price May 2024 to October 2025

Alastair Campbell, Marketcheck UK, commented:

“After hitting a low point in mid-2024, used car prices have steadily climbed over the past 18 months, reaching their highest level since early 2023. From a low of £15,727 in July last year, average prices are now back up to nearly £17,000 – a rise of almost 8%.

This upward trend could be driven by a combination of factors: stabilising supply, stronger demand and the malaise in the economy as people look at cheaper, older cars. For drivers, it means the days of bargain used car deals may be coming to an end – at least for now.”

ENDS

Notes to Editor:

MonthVolume of all SoldAvg. Last Listed Price
May 2023268,650£17,848.21
June 2023265,025£17,957.03
July 2023257,946£17,458.42
August 2023276,786£17,466.97
September 2023270,002£17,375.27
October 2023270,039£17,188.43
November 2023273,038£16,633.39
December 2023222,225£16,969.44
January 2024337,170£16,284.79
February 2024302,691£16,291.04
March 2024329,237£16,066.26
April 2024297,494£17,061.26
May 2024321,717£16,264.20
June 2024312,291£16,039.05
July 2024328,432£15,727.45
August 2024339,863£16,149.27
September 2024336,504£16,049.55
October 2024344,789£16,004.93
November 2024286,270£16,471.63
December 2024238,206£16,418.96
January 2025354,946£16,510.32
February 2025346,049£16,371.19
March 2025376,780£16,768.57
April 2025350,208£16,473.81
May 2025352,907£16,408.29
June 2025342,716£16,512.50
July 2025357,823£16,464.34
August 2025347,358£16,413.93
September 2025328,325£16,962.72
October 2025336,234£16,848.88

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]