In the first quarter of 2025, the AUTO1 Group price index showed a 2.7% increase in used car prices in Europe, starting from an index value of 135.2 in January and reaching 138.8 in March. This trend reflects the increasingly increasing demand in the used car market and is mainly due to the increasing prices of petrol and diesel cars.
Petrol cars:
This group saw the largest increase in the index, reaching 115.7 in March, compared to 113.3 in February and 112.3 in January, which represents an increase of 3.0% compared to the first quarter of 2025. However, the year-on-year comparison shows that petrol car prices remain almost stable with a small decrease of 0.3% from March 2024 to March 2025, demonstrating a return to 2024 levels.
Diesel cars:
Diesel car prices increased slightly in the first quarter of 2025, with the index rising to 112.2 in March compared to 111.8 in February and 111.1 in January, reflecting an increase of 1.0% in the first quarter of 2025. Over the year, diesel car prices rose slightly by only 0.8% compared to March 2024 (111.3) to March 2025 (112.2).
Hybrid cars (PHEV and HEV):
Hybrid vehicle prices remained largely unchanged, with the index reaching 108.8 in March compared to 108.2 in February and 108.4 in January, representing an increase of 0.4% in the first quarter of 2025. However, on an annual basis, hybrid vehicles had the largest price increase by fuel type, with a 1.3% increase compared to March 2024. (1 07.4) to March this year (108.8).
Electric Vehicles (BEV):
The AUTO1 group price index for electric vehicles showed fluctuations in the first quarter of 2025, starting at 102.5 in January, decreasing to 100.2 in February and returning to 102.5 in March. This shows a stable trend in the first quarter without contrasting changes. Furthermore, the year-on-year comparison also shows stability in electric vehicle prices with a slight decrease of 0.2% from March 2024 to March 2025.
Conclusion:
So in conclusion, we can say that in the first quarter of 2025, we can see an increase in the prices of diesel and gasoline cars, while hybrids and electric cars remain unchanged. For electric vehicles, this means a period of relative stability, after we saw a significant decrease of 11.7% in used BEV prices in the first quarter of 2024, when the index fell from 116.3 in January 2024 to 102.7 in March 2024.
On an annual basis, used car prices increased by 1.1% compared to March 2024. Used car prices remain 19.5% higher than before the COVID-19 pandemic, measured in March 2019, when the index was 116.1.
Reference:
The AUTO1 price index shows the monthly change in used car prices in the EU. It is determined based on an analysis of more than 4.9 million used car purchase and sale 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. And you can see at what prices used cars are currently being sold in our country on the largest car website in Bulgaria mobile.bg