The most recent price cut from AUTO1 Group showed a 1.5% decrease in used car prices compared to the previous month, with the index changing from 137.3 in December 2024 to 135.2 in January 2025.
Over the year, wholesale prices for used cars decreased by 4.8%, the index changed from 142.0 in January 2024 to 135.2 in January this year. However, used car prices are still 14.0% higher than before the COVID-19 pandemic.
European car dealers expect further price cuts
The decrease is in line with market expectations. According to an online survey conducted by AUTO1 among more than 7,200 European dealer partners, a majority (44.0%) believe that used car prices will decrease in 2025, while more than a third (34.6%) of respondents expect used car prices to remain stable this year and 21.4% expect prices to increase.
Prices are also falling in Ukraine
According to the latest research on the price picture of the Ukrainian secondary car market, after an unexpected jump in average prices in offers, which occurred last November, prices have been decreasing for the third month in a row, getting closer to the early average levels. You can find out more about this at this link.
Reference : The AUTO1 price index shows the monthly change in prices for used cars in the EU. It is determined based on an analysis of over 3.6 million used car sales transactions across Europe. The starting point of this index is January 2015 with a base value of 100, against which all subsequent values are determined.
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