USED EV prices dropped sharply at the start of 2025 but climbed right back up by December, says data provider Marketcheck.
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 of 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.”
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