10:28 am, November 10, 2026
Used electric car prices continued to surge in October, with the Polestar 2 recording a remarkable 7.5% increase in value in just one month.
The premium electric hatchback topped the latest list of used car price risers, with its average retail value jumping by £1,548 from £20,511 to £22,059.
New figures from Cazana, supplied to Car Dealer, reveal the 10 biggest winners and losers among three-year-old used cars during October, with electric models featuring among the strongest performers.
The latest rankings follow Car Dealer’s exclusive interview with automotive expert Derren Martin, who revealed that average used EV values rose by 2%, or approximately £400, during the month.
It was the seventh consecutive month of growth for electric vehicles, taking their values more than 11% higher than at the beginning of 2026.
The surge helped keep the wider used car market stable, with average three-year-old values remaining unchanged despite increased stock entering the market following September’s plate change.
Speaking in the video posted at the top of this stop, Martin told Car Dealer: ‘On the surface it’s all very calm, but there’s plenty going on underneath the surface.’
He added: ‘You can’t escape the fact that EVs have kept that market strong as well.’
The latest model-by-model figures underline that trend, with the Peugeot E-2008 also making the top 10 risers after recording a 6.1% increase in value.
Its average retail price climbed to £14,119, while the Polestar 2 was the only model to record growth of more than 7.1%.
Hybrid models also performed strongly, with the Audi Q3, BMW 2 Series Active Tourer and Hyundai Kona all appearing among October’s biggest risers.
However, the picture was not universally positive for electrified vehicles.
The Nissan Ariya appeared among the biggest fallers, losing 4.6% of its value, while several plug-in hybrid models also suffered substantial declines.
The BMW M2 Coupe recorded the sharpest fall of any model, with its average value dropping 6.6%, equivalent to more than £3,200.
Martin believes the continued recovery in used EV prices presents an opportunity for independent dealers, particularly those looking to stock electric cars priced between £10,000 and £20,000.
He said: ‘There’s some real opportunities in that sort of £10,000 to £20,000 price range definitely.’
However, he urged retailers to approach the market carefully rather than dramatically increasing their electric stock overnight.
‘Buy one, buy two, and then increase it. Don’t go crazy,’ he advised.
October’s top 10 used car price risers
Three-year-old vehicles, month-on-month retail price movements
- Polestar 2 EV | Electric | +7.5% | £22,059
- Audi Q3 | Hybrid | +7.1% | £24,628
- BMW 2 Series Active Tourer PHEV | Hybrid | +6.6% | £19,666
- Peugeot 2008 EV | Electric | +6.1% | £14,119
- Hyundai Kona | Hybrid | +5.9% | £18,104
- Skoda Octavia iV PHEV | Hybrid | +5.6% | £19,963
- Hyundai Santa Fe HEV | Hybrid | +5.5% | £28,935
- Mini Clubman | Petrol | +5.3% | £20,946
- Audi A5 Coupe | Hybrid | +5.3% | £24,329
- Mini Hatchback | Petrol | +5.2% | £19,953
October’s top 10 used car price fallers
Three-year-old vehicles, month-on-month retail price movements
- BMW M2 Coupe | Petrol | -6.6% | £45,275
- Audi Q7 | Hybrid | -5.8% | £36,383
- Mercedes-Benz GLC PHEV | Hybrid | -5.7% | £38,082
- Citroen C5 Aircross | Petrol | -5.3% | £14,848
- Fiat 500 | Hybrid | -5.2% | £9,571
- Mercedes-Benz CLA Shooting Brake | Petrol | -5.1% | £22,310
- Audi Q5 Sportback PHEV | Hybrid | -4.7% | £26,558
- Hyundai Kona | Hybrid | -4.7% | £13,177
- Volkswagen Tiguan Allspace | Petrol | -4.6% | £21,096
- Nissan Ariya EV | Electric | -4.6% | £20,084