Used car prices rose for the third consecutive months in October year on year after two years of price contractions.
Data from Auto Trader shows the average price of a used car reached £17,087 in October, which is a 0.4% increase on a year-on-year (YoY) and like-for-like basis.
Consumer demand is strong it said. Last month it took 28 days for the average used car to sell, which is one day faster than the same period last year, and four days ahead of 2023.
Auto Trader played down the impact the forthcoming Budget will have on the used car market saying the fundamentals are strong and historically Budgets have not dented used car sales activity.
Marc Palmer, head of strategy and insights at Autotrader, said: “Although some may hold off committing to buying a more expensive brand-new car until after the Chancellor’s laid out her plans, previous Budget announcements have had little impact on used car buying activity.
“Car ownership continues to be a protected priority, and motoring spend is typically the last area to see reductions. With the potential exception of EVs where some doubt may have been created with the recent pay per mile news, we can expect sustained engagement from used car buyers, regardless of broader budgetary changes.
“Despite a natural slowdown in transactions, we continue to see very robust consumer engagement during the closing months of the year. For retailers, this underscores the importance of maintaining a strong presence and ensuring stock is visible and well-presented online, so they’re well placed to capture this pent-up demand and start the new year with real sales momentum behind them.”
Top 10 used car price growth (all fuel types) | October 2025 vs October 2024 like-for-like
| Ranks | Make | Model | Oct 25 Average Asking Price | Price Change (YoY) | Price Change (MoM) |
|
| 1 | Audi | RS6 Avant | £66,222 | 14.7% | 3.7% | |
| 2 | Volkswagen | Beetle | £7,565 | 11.6% | 3.0% | |
| 3 | Volkswagen | Golf SV | £10,141 | 10.6% | 4.7% | |
| 4 | Mazda | MX-5 | £12,301 | 10.3% | 0.0% | |
| 5 | Audi | TTS | £19,647 | 10.1% | 2.7% | |
| 6 | Land Rover | Range Rover | £48,673 | 9.6% | 2.8% | |
| 7 | Fiat | Panda | £5,010 | 9.4% | 1.9% | |
| 8 | Bentley | Continental | £58,158 | 9.2% | 1.9% | |
| 9 | Hyundai | i30 | £8,853 | 9.2% | 3.6% | |
| 10 | Land Rover | Discovery 4 | £14,947 | 9.0% | 4.0% | |
Top 10 used car price contraction (all fuel types) | October 2025 vs October 2024 like for like
| Rank | Make | Model | Oct 25 Average Asking Price | Price Change (YoY) |
Price Change
(MoM) |
| 10 | Mercedes-Benz | EQC | £26,343 | -12.2% | 1.6% |
| 9 | BMW | i4 | £35,886 | -12.5% | -2.4% |
| 8 | Ford | Mustang Mach-E | £25,400 | -12.9% | 0.5% |
| 7 | BMW | iX1 | £32,951 | -13.2% | -3.2% |
| 6 | Peugeot | 408 | £21,466 | -14.0% | -0.5% |
| 5 | Vauxhall | Viva | £5,239 | -14.0% | -1.7% |
| 4 | MG | MG4 | £17,170 | -17.0% | 1.6% |
| 3 | Tesla | Model Y | £26,789 | -17.7% | 3.0% |
| 2 | MG | MG5 | £11,577 | -18.3% | 3.1% |
| 1 | Volkswagen | ID.5 | £27,321 | -20.1% | -0.2% |