Press Release
Top three fastest-selling used cars are electric as demand for EVs is strong and prices remain flat reports Indicata
The UK’s top three fastest-selling used cars in June are all electric according to the latest Indicata Market Watch report.
- Cupra Born is one of the fastest-selling used cars for second month running
- Despite high demand used EVs prices have remained flat since July 2025
- Used EV prices are 11% lower than they were in January 2024
- Market Day’s Supply of used EVs in the UK remains the lowest in Europe
- Will EV demand fall as ICE prices start returning back to normal?
The UK’s top three fastest-selling used cars in June are all electric according to the latest Indicata Market Watch report.
This follows an unprecedented demand for used electric cars for the third consecutive month as motorists look to combat inflated ICE fuel prices caused by the war in the Middle East.
Tesla’s Model 3, the VW ID5 and the Cupra Born were the fastest-selling used cars in June and the second consecutive month that the Cupra Born has been in the top three.
Sales of used EVs remain strong accounting for just over 10% of all used car sales so far in June, while Market Day’s Supply at just 35 days is the lowest in the 16 European countries Indicata publishes its Market Watch report.
MDS is derived from dividing the current supply of inventory by the average daily retail sales rate over the past 45 days. A lower number signifies high demand and quick sales.
However, despite a strong demand for used EVs average prices have yet to rise in 2026. Instead, prices have remained flat since July 2025 and are 11% lower than they were in January 2024, continuing the challenge for residual value setters.
“Our MarketPlace online portal continues to see strong demand for used EVs, but high sales have thinned out available stock in the past couple of months. More used EVs taken in part exchange are now being retailed rather than traded with consumers and dealers very positive about stocking and in turn buying used EVs,” explained Dean Merritt, Indicata UK’s national retail strategy manager.
“Now that the Middle East conflict is showing signs of calming down it will be interesting to see if the demand for used EVs continues or slow down as ICE fuel prices gradually get back to normal. Whatever happens there has been a step change in the perception of EVs over the past few months which has been very positive, at a time when the volume of used vehicles hitting the market continues to rise,” he added.