UK vehicle auctions bidding for strong 2026
Healthy retail demand drove a positive performance for UK vehicle auctions, according to the National Association of Motor Auctions.
It reported that members were still being impacted by continued supply challenges, but healthy consumer demand and improving conversion rates meant February was a marginally positive month for the sector.
Average asking prices were one per cent down on the same month in 2025, but values improved by 0.2% from January to suggest the market was stabilising.
Meanwhile, sales of electric vehicles remained high with those in the three to 10-year age category among the fastest sellers, with overall values down 1.7% due to greater stock availability.
However, the performance of LCVs was mixed although good-quality vans and pick-ups continued to perform well, with strong demand and stable pricing.
Increased volumes
Paul Hill, spokesperson for NAMA, said:
“February has seen steady trading conditions, with good levels of activity and strong demand for the right stock. While we have seen increased volumes, particularly in EVs, demand remains healthy and well-presented stock continues to sell strongly. Members remain confident as we move towards the spring trading period.”
