Cazoo reports stable used car prices and stock levels in May, as buyer interest in older cars continues to rise

Cazoo reports stable used car prices and stock levels in May, as buyer interest in older cars continues to rise

• Average price of a used car in May was £17,655, down just 0.1% on April
• Biggest year-on-year price change by age profile for cars over 10 years
• Stock levels up marginally month-on-month from 53 to 54 units
• Alternative fuel vehicles stock levels drop for third month, as EV searches rise

Used car prices and dealer stock levels remained stable in May as buyer interest in older cars continued to rise, according to the Cazoo Market View.

The average price of a used car on Cazoo was £17,655, down just £23 from April but up 2.8% year-on-year (YoY). Prices across franchised and independent dealers were virtually unchanged month-on-month (MoM) at £22,893 and £14,274 respectively. Although car supermarkets saw a 1% (£169) dip to £16,241.

The advertised prices of cars aged over 10 years continued to rise, up 1.3% MoM to £7,637, a YoY rise of 10.6%. Prices for these older cars have now increased 10 times since May 2025, reflecting the appeal of older and more affordable cars for many buyers.

Average stock levels increased from 53 to 54 units MoM, mostly driven by car supermarkets where inventories grew by six units to 200, up 2.7% MoM and 8.7% YoY. Franchised dealers increased by one unit to 58 and independents were unchanged at 40.

Lucy Tugby, Chief Marketing Officer of Cazoo, said: “May’s used car market was stable with buyer demand ensuring prices remained firm.

“Older profile cars continue to attract the attention of buyers undoubtedly focused on affordability, with big name franchised groups now increasingly stocking them.

“Our Market View data shows stock levels for 8-10 year old cars increased 1.4% MoM, resulting in a YoY rise of 8.3%, highlighting their desirability for buyers and dealers.”

The combined share of used alternative fuel vehicles stocked by dealers dropped for the second consecutive month down to 18.4%, having peaked at 21.2% in March.

The share of electric vehicles (EVs) stocked by dealers dropped 14.3% MoM but remained on a par with May 2025. Hybrids dipped marginally by 0.8% but were up 11.4% YoY.

However, views for alternative fuel vehicles continued to grow, up 7.6% MoM to a new high of 12.4% of all online searches marking a YoY growth of 61.7%.

Tugby added: “Our data highlights both the high level of buyer interest in EVs, prompted by the rising cost of petrol and diesel and ongoing geopolitical uncertainty, and the challenge facing dealers in sourcing and stocking sufficient volumes of these vehicles.”

The biggest selling used car on Cazoo in May was the Vauxhall Corsa, followed by the Nissan Qashqai, Ford Fiesta, Volkswagen Golf and Ford Focus.

ENDS

Cazoo Market View Data

Data source: Cazoo Data Warehouse, May 2026vs April 2026 vs May 2025.

Further details available from Lucy Tugby on LucyTugby@cazoo.co.uk

About Cazoo

Cazoo is the UK automotive marketplace reshaping how dealers and buyers connect, built on trust, real value and true partnership with the trade. With more than 300,000 listings, the platform pairs a high-quality consumer search experience with a fairer, more sustainable commercial model for dealers, designed to deliver consistent demand and support long-term growth.

Drawing on more than 20 years of marketplace expertise developed through the Motors business, Cazoo was transformed into a marketplace following the acquisition of the brand in June 2024 by Motors.co.uk Limited.

In May 2026 Motors was rebranded as Cazoo, positioning itself as a credible alternative marketplace for buyers and dealers.

Cazoo is owned by O3 Industries and Novum Capital. For more information, visit https://dealer.cazoo.co.uk