Average EV prices drop by over £2,000 before rising in second half of the year
Marketcheck, the UK’s most significant source of data on the used vehicle market, has today published a month-by-month breakdown of average used electric vehicle (EV) prices throughout 2025, revealing a clear trend: a sharp price drop in the first half of the year, followed by a mirrored rise
In January 2025, the average last listed price for a used EV was £24,353. Prices then declined steadily to reach a low of £22,162 in August.
From September to December, however, prices climbed back, with month-on-month increases. By the end of the year, the average price had risen to £23,642.
Alastair Campbell, Marketcheck UK, commented:
“2025 was a year of two halves for used EV pricing. The early months saw a steep and consistent drop in values as supply increased and pricing adjusted to market realities. But from September onward, prices began to climb back up.
The stabilisation around the £23,000 mark suggests a maturing market, where growing consumer demand is meeting a wider and more affordable range of electric vehicles.
Marketcheck will continue to analyse the developing used EV market.”
ENDS
Notes to editor:
| Month | Average last listed price (£) |
|---|---|
| January 2025 | 24,353 |
| February 2025 | 24,210 |
| March 2025 | 24,374 |
| April 2025 | 23,405 |
| May 2025 | 23,030 |
| June 2025 | 22,806 |
| July 2025 | 22,547 |
| August 2025 | 22,162 |
| September 2025 | 23,468 |
| October 2025 | 23,521 |
| November 2025 | 23,545 |
| December 2025 | 23,642 |
About Marketcheck:
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]