Used car market tipped for 2026 growth

Automotive data specialist Percayso Vehicle Intelligence is predicting significant growth in both stock and sales in the used car market in 2026.

It expects strong sales in the first quarter of the year with the uptick driven by continued demand for petrol and diesel models.

This demand will be supported by higher stock levels as new car registrations over the previous two years filter into the used market.

Derren Martin, automotive expert at Percayso Vehicle Intelligence, said: “The extra volume will be a welcome sight for dealers who have struggled to source quality stock. While the overall volume is increasing, the supply of three-year-old cars is still recovering from the post-Covid production lag.

“This ensures that while there is more choice, the market isn’t at risk of being flooded overnight.”

Electric vehicles

Percayso also expects used electric vehicle sales to continue growing as prices have now stabilised at a reasonable level.

It believes both car supermarkets and dealers will prioritise electric vehicles in their stock, but warned that government policy will be key to sustaining the used electric car market.

Martin concluded: “Overall, we are expecting a stable 2026. The market for ICE remains strong, and EVs have found their footing at a more realistic price point.

“The real story for 2026, as well as increased BEV adoption, will be the reaction of legacy OEMs to the arrival of brands such as Changan and Aion, and the continued volume growth from BYD and Chery. How these new players plan to maximise value through their remarketing strategies will be a defining factor for the industry’s health.”

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