Used car prices continued to realign and dealer stock levels remained constant in June, maintaining trends that have driven stability across the first half of the year, according to the latest Cazoo Market View.
The average price of a used car on Cazoo was £17,471 in June, a drop of 0.9% (£155) month-on-month (MoM) but up 1.7% (£291) year-on-year (YoY).
Although prices have dipped for six consecutive months, with June representing a 1.8% drop since January, they have increased each month on a YoY basis.
The biggest price mover by age continues to be cars over 10 years, which were up 9% YoY to £7,574, although down 0.8% MoM, marking the first drop of the year.
Robust pricing for older cars drove a 10.7% YoY rise in average independent dealer prices, up from £12,854 to £14,227 and dipping just 0.3% MoM.
Lucy Tugby, Chief Marketing Officer of Cazoo, said: “Used car prices have performed strongly for dealers during the first six months of 2026, with prices consistently tracking above where they were last year.
“The affordability of older cars continues to resonate with many buyers. Our viewing data shows high levels of online searches for cars aged over 10 years, with sales potentially delivering some decent margins, especially for independent dealers.”
Stock levels averaged 54 units in June, unchanged both MoM and YoY.
Petrol continues to be the dominant fuel type, accounting for 51.8% of used cars listed by dealers on Cazoo, up 2% for both MoM and YoY, while diesel continues to fall, taking a 30.4% share, down 1.5% MoM and 3.8% YoY.
The percentage of alternative fuelled used cars continues to drop, falling to its lowest level of the year at 17.8%, having peaked at 21.2% in March.
EVs dipped to 6.6%, having dropped every month since peaking at 9.9% in March, down 3.8% MoM and 1.3% YoY. Hybrids continued to perform better with a 11.3% share, down 2.4% MoM but up 2.2% YoY.
Tugby added: “We tracked a further rise in online views for used EVs in June, which helped nudge average prices up by 2.1% MoM to £24,441, suggesting an imbalance between supply and demand which is rewarding dealers actively sourcing and listing good quality used EVs.”