Year of two halves for used electric car values

New analysis has revealed sharp fluctuations of used electric car values during 2025.

According to Marketcheck, average used electric car values fell by more than £2,000 in the first half of the year before climbing again in the last six months.

A month-by-month breakdown of average prices found that used electric car prices averaged £24,353 in January 2025. However, prices fell in five of the next seven months to just £22,162 in August.

But the data showed prices increases in every month after that to peak at £23,642 in December.

Alastair Campbell, Marketcheck UK, said: “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.”

SHARE
Share