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Used electric and hybrid car prices fall 10% in a year

Used electric and hybrid car prices fall 10% in a year
Emma Lunn
Written By:
Posted:
03/04/2025
Updated:
03/04/2025

The average price of Britain’s most popular used electric and hybrid vehicles fell by 10% in Q1 2025 compared with the same period last year, according to the AA.

In comparison, the AA’s Used Car Index found that prices for the most sought-after petrol and diesel cars have remained more stable over the past year, falling by just 3% to £15,428 in the first quarter of 2025.

When it comes to electric vehicles (EVs) and hybrid cars, the Toyota Prius (with a fall of 42%), Nissan Leaf (with a fall of 25%) and Renault Zoe (with a fall of 25%) were the biggest fallers. The Toyota Yaris – the most searched EV or hybrid – dropped by 14%.

The only cars in the top 20 to increase in value over the past year were the Volkswagen Golf (7%) and Kia Sportage (2%).

The average cost of the top 20 most searched-for EVs and hybrids on AA Cars dropped from £20,956 to £18,973 over the past year, with prices falling 6% since the final quarter of 2024.

The Nissan Qashqai – the most popular used car at the start of 2025 – has fallen in value by 3% over the past year, while the Volvo XC40 (with a fall of 19%), Ford Transit (with a fall of 18%) and Fiat 500 (with a fall of 13%) have seen the biggest drops.

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‘Good news for drivers’

James Hosking, director of AA Cars, said: “The most popular second-hand EVs and hybrids are becoming more and more affordable for the average motorist.

“The supply of used electric and hybrid vehicles continues to outpace demand, which is why we’ve seeing such significant price falls. Buyers are saving over £2,000 compared with this time last year, even though the average age of used EVs and hybrids on the site has fallen slightly during this period.

“We may soon reach a point where the most popular second-hand EVs and hybrids are cheaper than their petrol and diesel counterparts. The divergence in prices is good news for drivers supporting the transition to greener vehicles and should help generate increased demand among consumers.

“If you are in the market for a used EV or hybrid, shop around to find the best deals and ensure you’re getting value for money. As with any vehicle, it’s always best to test drive the car and have it inspected by an independent and trusted professional before buying it to identify any hidden issues or faults.”

Related: Major tax change for EV drivers kicks in today