Industry Update The UK used-EV market moved decisively into positive price growth in July 2026. Auto Trader reported that like-for-like used EV prices rose 3.3% year on year to an average asking price of £24,946, the strongest annual growth it had recorded for the segment. Demand remained robust at 13.9% above the prior year, while supply rose 5.7%. Used EVs sold in an average of 25 days, four days faster than a year earlier and about five days faster than petrol cars. The strongest pricing came from three- to five-year-old EVs, where values increased 10.2% year on year. Higher fuel costs, improving EV affordability and stronger buyer confidence were cited as important supporting factors. Key Numbers Average used EV asking price: £24,946. Like-for-like price growth: +3.3% year on year. Used EV demand: +13.9% year on year. Average selling time: 25 days. Business Implication The UK market shows that used EVs can shift from depreciation pressure to price recovery when affordability and running-cost economics improve. Retailers should watch age bands closely, as three- to five-year-old vehicles are currently showing particularly strong value behaviour.
Insights
UK Used EV Prices Record Their Strongest Annual Growth
UK used EV prices are rising at their fastest annual rate on record. Sellers and buyers are facing a rapidly shifting second‑hand electric vehicle market.

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