20 of the most popular used cars that have dropped in price in 2025 – including luxury SUV that's now £1,000s cheaper
From the luxurious Lexus RX hybrid to the ever-reliable Nissan Leaf, a wide range of sought-after models are now more affordable than ever, according to new analysis by AA Cars.
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This report particularly highlights a significant drop in prices for used EVs and hybrids, with some models depreciating by as much as 31% in the past year.
The findings, based on the AA Cars Used Car Index, reflects a growing supply of second-hand EVs in the market, driven by ex-lease and fleet vehicles entering the forecourt.
The Lexus RX (hybrid) saw the steepest price drop, with a 31% reduction, while the Renault Zoe and Nissan Leaf EVs - perhaps the two cheapest small EVs on the market - dropping by 20-21%.
Furthermore, the Tesla Model 3, one of the nation's most popular EVs, has lost over £4,400 in value, marking a 19% decline.
Overall, AA Cars found the average price of the most searched-for EVs and hybrids fell by 12.8% year-on-year.
These falling EV prices are increasing accessibility for UK drivers, with AA Cars reporting record levels of searches for EVs and hybrids on their platform.
But despite their newfound affordability, concerns still remain around charging infrastructure, battery range and long-term costs.
While EV prices are falling, petrol and diesel values remain mixed.
Some models, such as the VW Polo hybrid, saw price increases - up 9.4% year-on-year - reflecting strong demand.
Older models, such as the Ford Fiesta and Ford Focus, experienced price drops of 11.7% and 6.6%, respectively.
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Speaking on the findings, James Hosking, Director of AA Cars, said: 'Used EV prices have fallen off a cliff in the past year, and for drivers who've been priced out of electric motoring until now, this is a genuine turning point.
'We're seeing a growing wave of supply coming onto the used market, particularly as fleets and leasing firms de-fleet early-generation EVs and hybrids, and that's giving buyers more choice at more accessible prices.
'Our data shows that the price of almost every top EV or hybrid has dropped by double digits over the past 12 months, with some premium models down by more than 30%.
"It's possible that some of this fall could be due to the age of EV models on sale getting higher.
'That kind of price movement is bringing greener vehicles within reach of thousands more households and could help to convert curiosity into action.
'The challenge is making sure buyers have the confidence to go electric.
"Concerns around charging access, battery range and long-term running costs haven't gone away, and while falling prices are helping to shift EVs from a niche to a more mainstream choice, greater support is still needed to turn interest into long-term adoption.
'The Government's Zero Emission Vehicle (ZEV) mandate means nearly a third of all new cars sold next year must be fully electric, but success hinges not just on supply; it depends on building real, lasting consumer demand.
"The second-hand market is crucial to that journey, especially for private buyers who can't stretch to a brand new model.
'Petrol and diesel values, meanwhile, remain mixed. We've seen strong demand for newer stock like the VW Polo, but prices continue to fall on older models such as the Ford Fiesta.
"This volatility shows that while headline prices may be stabilising, buyers are still being highly selective and savvy.
'Ultimately, the used market is a mirror to consumer confidence. The drop in EV prices will help accelerate the shift to zero-emission motoring, but continued investment in infrastructure, clear policy direction and compelling finance options will all be critical to turning this short-term price trend into a long-term behaviour change.'
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