Price of used EVs reaches record low, falling by over £7,000 in two years.
Marketcheck, the UK’s most significant source of data on the UK used car market, has today published statistics on the performance of the used EV market over the previous two years.
The number of used EVs sold in the UK has increased significantly, from 7,073 in May 2023, to 19,836 in May 2025. This is a 180.45% increase over the two years covered by Marketcheck’s analysis.
| Month | Volume of EVs sold | % Change |
|
May-23 |
7,073 | – |
| May-25 | 19,836 |
180.45% |
The data published by Marketcheck show that the average last listed price has fallen by almost a quarter, decreasing steadily over that time period, despite two seasonal fluctuations in the last quarters of 2023 and 2024.
In May 2023, the average last listed price for a used EV was £30,441.00. Last month this has now fallen by £7,411.48, to £23,029.52.
|
Month |
Avg. Last Listed Price | % Change |
| May-23 | £30,441.00 | – |
| May-25 | £23,029.52 |
-24.35% |
Alastair Campbell, Marketcheck UK, commented: “As the data shows, it is becoming increasingly more affordable to buy a used EV in the UK with prices reaching record lows in our latest monthly report.
Marketcheck will continue to analyse emerging trends across the UK used car market.”
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About Marketcheck UK:
Marketcheck UK is the leading source of UK automotive data. We collate, enhance and manage more data on the UK used car sector than any other provider. For automotive businesses we bring unprecedented
access to live data to power analysis, pricing, reporting and AI agents on the UK used car market.
We track over 650,000 cars and 11500 dealers across 16k locations daily.
