Will Used Car Prices Drop In 2025 Uk

Will Used Car Prices Drop In 2025 Uk. Used car prices are likely to keep falling all year long throughout 2024, with used ev prices falling further and faster than petrol cars, particularly in the second half of the year. Used car prices are unlikely to fall because dealers will have a hard time bringing in more of them until 2026, cox said.

The outlook is also positive with our forecasts showing the used car market is expected to maintain the strong growth momentum of the last two years and rise from an estimated 7.61m sales this year to around 7.70m in 2025. There’s a number of reasons for this:.