---
title: "Used EV market booming with record sales and record low prices - industry-leading data source Marketcheck UK"
date: 2024-07-19
url: https://marketcheck.uk/press/used-ev-market-record-sales-record-low-prices-marketcheck
type: post
description: "Discover the booming UK used EV market with record sales and plummeting prices, making it the perfect time to buy an electric vehicle."
---

# Used EV market booming with record sales and record low prices - industry-leading data source Marketcheck UK

Data produced by Marketcheck, the most significant source of data on the UK used car market, shows that the volume of sold EVs per month across the UK is at record highs. The average price of both stock on the market, and sold cars, is at the lowest it has ever been.

The average price of a sold EV has dropped from £30,441 in May 2023, to just £24,378 in June 2024. With the average price for stock on the market falling from £29,105 in May 2023, to £27,306 in June 2024.

In terms of number of used EVs sold- 7,073 were sold in May 2023, with that almost doubling to 13,421 in June 2024.

**Alastair Campbell, Marketcheck UK, commented:**

“The increased availability and more competitive pricing of used EVs offer great opportunities for buyers looking to make the switch to electric - as many more are choosing to do.

Prices for sold stock have plummeted, and we expect this fall to continue from analysing the growing volume of sold EVs every month. 

Our research highlights that there has **never been a better time to buy a used EV in the UK market** - buyers and dealers should be aware of the potential opportunities. It is a booming market.”

**Notes to the Editor:**

Marketcheck used UK EV market data:

**Month**

**Volume of Sold Electric EVs**

**Avg Price - Stock (GBP)**

**Avg Price Sold (GBP)**

**May 2023**

7,073

29,105

30,441

**June 2023**

7,516

29,006

29,516

**July 2023**

7,512

29,001

27,762

**August 2023**

8,458

29,111

27,766

**September 2023**

8,248

29,239

27,801

**October 2023**

7,396

29,199

28,542

**November 2023**

7,514

28,741

28,076

**December 2023**

6,792

28,765

29,710

**January 2024**

10,135

27,864

26,535

**February 2024**

10,343

27,463

25,588

**March 2024**

11,683

27,919

25,410

**April 2024**

11,225

28,357

25,664

**May 2024**

12,889

27,634

24,857

**June 2024**

13,421

27,306

24,378

If you are using the data, please include a backlink to the Marketcheck website:

[https://marketcheck.uk/](https://marketcheck.uk/)

### **About Marketcheck UK:**

By tracking data on 650,000 daily car adverts from 11,000 dealers in 14,000 locations, Marketcheck captures an incredible amount of data on the UK used car sector.

Data is matched against the DVLA, SMMT and other sources for normalisation and accuracy.

This includes historical data back to January 2021, broken down by model, price, mileage, days on market, location, website, dealer brand, and so much more.

### **Contact:**

Alistair Harrison  
07498 217705  
[alistair@ahcomms.org](mailto:alistair@ahcomms.org)