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Used EV prices fall then climb back up in 2025

  • 27 January 2026
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  • Natalie Middleton

2025 was a year of two halves for used EV pricing, with average EV prices dropping by over £2,000 before rising in the second half of the year.

Used EV prices fall then climb back up in 2025

2025 was a year of two halves for used EV pricing, with average EV prices dropping by over £2,000 before rising in the second half of the year.

Used EV prices fell sharply in H1 2025 before stabilising around the £23,000 mark at the end of the year

Marketcheck has published a month-by-month breakdown of average used electric vehicle prices throughout 2025. The data shows a clear trend of a sharp price drop in the first half of the year, followed by a mirrored rise.

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 from Marketcheck UK said: “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.”

Average last listed price used EVs

January 2025 £24,353
February 2025 £24,210
March 2025 £24,374
April 2025 £23,405
May 2025 £23,030
June 2025 £22,806
July 2025 £22,547
August 2025 £22,162
September 2025 £23,468
October 2025 £23,521
November 2025 £23,545
December 2025 £23,642