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Home»Automotive»Supply of used EV and hybrids outpaced demand in Q1
Automotive

Supply of used EV and hybrids outpaced demand in Q1

Tom SeymourBy Tom SeymourApril 3, 2025No Comments4 Mins Read
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Supply Of Used Ev And Hybrids Outpaced Demand In Q1
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The increased supply of used electric and hybrid cars in Q1 has resulted in a ten% price drop year-on-year for the period, in response to AA Cars.

The newest AA Cars Used Automotive Index shows the common cost of the highest 20 most looked for EVs and hybrids on AA Cars dropped from £20,956 to £18,973 over the past yr, with prices falling 6% because the final quarter of 2024.

The Toyota Yaris (hybrid) – essentially the most looked for EV or hybrid – dropped in price by 14% over the past 12 months, while the Toyota Prius has seen the most important price fall (-42%).

This was followed by the Nissan Leaf (-25%), Renault Zoe (-25%) and Tesla Model 3 (-22%). Only two of the highest 20 hottest used EVs and hybrids rose in value over the past yr — the Volkswagen Golf (7%) and Kia Sportage (2%).

James Hosking, director of AA Cars, said: “The preferred second-hand EVs and hybrids have gotten an increasing number of inexpensive for the common motorist.

“The provision 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 yr, though the common age of used EVs and hybrids on the location has fallen barely during this era.

“We may soon reach some extent where the most well-liked second-hand EVs and hybrids are cheaper than their petrol and diesel counterparts.

“The divergence in prices is sweet news for drivers supporting the transition to greener vehicles and may help generate increased demand amongst consumers.”

Hottest Hybrid/EV rating Make and model Average price this yr (Q1 2025) Average price last yr (Q1 2024) Average price last quarter (Q4 2024) Annual price change (Q1 2024 to Q1 2025) Quarterly price change (Q4 2024 to Q1 2025)
1 Toyota Yaris £15,386 £17,569 £15,612 -14.00% -1%
2 Toyota Prius £10,067 £14,341 £11,671 -42.00% -16%
3 Honda Jazz £17,083 £17,796 £17,103 -4.00% 0%
4 Nissan Leaf £11,171 £13,952 £11,995 -25.00% -7%
5 Nissan Qashqai £21,705 £24,577 £23,478 -13.00% -8%
6 Toyota RAV4 £24,692 £24,850 £25,320 -1.00% -3%
7 Kia Niro £19,001 £20,656 £19,557 -9.00% -3%
8 Toyota Corolla £18,695 £19,850 £18,992 -6.00% -2%
9 Toyota C-HR £19,309 £19,929 £20,006 -3.00% -4%
10 Toyota Auris £9,974 £11,472 £10,382 -15.00% -4%
11 Kia Sportage £25,526 £24,888 £25,932 2% -2%
12 Mitsubishi Outlander £12,007 £14,578 £12,831 -21% -7%
13 Renault Zoe £9,476 £11,872 £10,065 -25% -6%
14 Ford Kuga £24,235 £27,105 £25,415 -12% -5%
15 Lexus RX £26,810 £32,445 £29,441 -21% -10%
16 Tesla Model 3 £20,313 £24,778 £23,197 -22% -14%
17 Volvo XC40 £26,741 £30,722 £28,112 -15% -5%
18 Honda CR-V £25,832 £27,246 £26,779 -5% -4%
19 BMW 3 Series £20,923 £21,470 £23,152 -3% -11%
20 Volkswagen Golf £20,515 £19,021 £21,778 7% -6%

Petrol and diesel prices remain stable for in demand models

Prices for essentially the most sought-after petrol and diesel cars have remained more stable over the past yr, falling by just 3% to £15,428 in the primary quarter of 2025.

Compared with the previous quarter — October, November and December — average prices have seen a slight decrease of two%, down from £15,708.

The Nissan Qashquai – the most well-liked used automotive in the beginning of 2025 – has fallen 3% in value over the past yr, while the Volvo XC40 (-19%), Ford Transit (-18%) and Fiat 500 (-13%) have seen the most important drops.

Most searched-for vehicles in Q1 2025, with annual and quarterly price changes

Hottest automotive rating Make and model Average price this yr (Q1 2025) Average price last yr (Q1 2024) Average price last quarter (Q4 2024) Annual price change (Q1 2024 to Q1 2025) Quarterly price change (Q4 2024 to Q1 2025)
1 Nissan Qashqai £15,631 £15,180 £15,717 3.00% -1%
2 Vauxhall Corsa £9,870 £9,959 £9,756 -1.00% 1%
3 Ford Fiesta £8,649 £9,547 £8,995 -10.00% -4%
4 Ford Focus £10,952 £11,484 £11,018 -5.00% -1%
5 Mercedes A Class £17,073 £18,322 £17,516 -7.00% -3%
6 Nissan Juke £13,507 £13,175 £13,518 2.00% 0%
7 Audi A3 £18,895 £20,169 £19,428 -7.00% -3%
8 Volvo XC40 £26,491 £31,452 £28,760 -19.00% -8%
9 Kia Sportage £19,084 £18,002 £18,959 6.00% 1%
10 Volkswagen Polo £12,334 £12,230 £12,299 1.00% 0%
11 Ford Transit £17,141 £20,192 £17,094 -18% 0%
12 Ford Kuga £16,817 £16,479 £16,951 2% -1%
13 Volkswagen Golf £16,507 £16,679 £16,489 -1% 0%
14 Volkswagen Tiguan £21,961 £20,910 £21,571 5% 2%
15 Vauxhall Mokka £12,767 £12,543 £12,685 2% 1%
16 MINI Hatch £13,845 £13,721 £13,690 1% 1%
17 Audi A1 £15,613 £15,836 £16,138 -1% -3%
18 Toyota Yaris £14,456 £14,583 £14,715 -1% -2%
19 Hyundai Tucson £19,395 £18,785 £20,131 3% -4%
20 Fiat 500 £7,569 £8,528 £8,738 -13% -13%

This Article First Appeared At www.am-online.com

Demand hybrids Outpaced supply
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