- According to CarGurus data, the MG5 is the best-value used car on sale in the UK right now
- It's joined in our top 10 list by cars such as the Hyundai Ioniq 5, MG4 and Tesla Model Y
- Eight of the top 10 cars are EVs
When buying a used car, value for money matters. Most of us want to get the best car we can afford, but how do you know which cars represent the best value for money?
That's where this guide comes in. Updated each month using data from our extensive inventory of used cars for sale in the UK, our guide compares average listing prices in the month that's just ended versus those in the same month the previous year. The models with the biggest year-over-year price drops rise to the top of the table, so you can see which will help you get the biggest bang for your buck.
All of the cars here have an average price that’s at least 20% lower than it was twelve months ago, so some models that were out of reach then might now be within your budget. And there’s good news if you’re shopping for an electric car or an SUV, with these making up the majority of the cars on the list. These are among the best cars in their classes, too, proving that you don’t have to settle for a second-rate option just because you want to get the most for your money.
Keep scrolling down the page for more information about each car, and be sure to check back regularly for the latest data.
| Make/Model | Average Listing Price December 2025 |
Average Listing Price December 2024 |
Percentage Reduction |
|---|---|---|---|
| MG5 | £10,549 | £14,316 | -26% |
| Hyundai Ioniq 5 | £20,859 | £27,622 | -24% |
| Jaguar I-Pace | £20,192 | £26,702 | -24% |
| MG4 | £15,100 | £19,869 | -24% |
| Volkswagen ID.4 | £18,819 | £24,381 | -23% |
| Tesla Model Y | £25,104 | £32,215 | -22% |
| Ford Mustang Mach-E | £23,930 | £30,708 | -22% |
| Jaguar E-Pace | £17,768 | £22,757 | -22% |
| Kia Niro EV | £20,393 | £26,039 | -22% |
| Jaguar XF | £12,719 | £16,163 | -21% |
The Best Value Used Cars in the UK
- MG5
- Hyundai Ioniq 5
- Jaguar I-Pace
- MG4
- Volkswagen ID.4
- Tesla Model Y
- Ford Mustang Mach-E
- Jaguar E-Pace
- Kia Niro EV
- Jaguar XF
1. MG5
Average listing price December 2025: £10,549
Average listing price in December 2024: £14,316
Percentage reduction: -26%
The MG5 was one of the first fully electric estate cars to be sold in the UK. It's been around so long, in fact, that MG no longer offers it as a new car. While that mean buyers of brand new electric estates will instead need to look to models such as the Vauxhall Astra Electric, Peugeot e-308 or Audi A6 e-tron, used car buyers need not worry because the MG5 is not only in plentiful supply, but it's also great value. What's more, this electic MG is recommendable beyond the fact it is cheap to buy. It's also usefully practical, well equipped, should still be under warranty (although always check this), and has a real world range in excess of 200 miles from a charge. It might not ooze desirability like some of the other cars on this list, but as a sensible purchase it's really very tempting indeed.
MG5 Review
2. Hyundai Ioniq 5
Average listing price December 2025: £20,859
Average listing price in December 2024: £27,622
Percentage reduction: -24%
As noted, used electric car values have taken a hit over the past year or so. That means you can now get some of the latest, greatest EVs for eye-poppingly low prices. The Hyundai Ioniq 5 is a prime example. It’s one of the coolest electric cars around, with a design that mixes eighties vibes with modern-day minimalism. It’s also spacious, ludicrously well-equipped and enjoyable to drive. Maximum range is 250+ miles for the smaller-battery models and more than 350 miles for high-spec versions, while a 220 kW maximum charging rate blows many rivals out of the water. New prices start at about £40,000 but the average CarGurus listing price for a used Ioniq 5 in the past month is about half that. A bargain of remarkable proportions, we’d say. No wonder our very own Alex Robbins decided to snap one up for himself.
Hyundai Ioniq 5 Review
3. Jaguar I-Pace
Average listing price December 2025: £20,192
Average listing price in December 2024: £26,702
Percentage reduction: -24%
When the Jaguar I-Pace was introduced in 2018 it was like no other car the brand had ever produced. It’s a car that was ahead of its time, so even the earliest models feel pretty contemporary today and maximum battery range is almost 300 miles. A peak charging rate of just over 100 kW betrays the I-Pace’s age somewhat, although it’s far from terrible. Interior space is generous and as a well as a usefully-sized boot there’s a small ‘frunk’ under the bonnet. Although it was discontinued in 2024, the I-Pace can go toe-to-toe with most brand-new rivals in terms of driving appeal, giving the kind of smooth, sophisticated feel that Jaguars are famous for. Note that some owners have faced I-Pace reliability issues, so it's worth doing your research and looking for a car with a warranty for extra reassurance.
Jaguar I-Pace Review
4. MG4
Average listing price December 2025: £15,100
Average listing price in December 2024: £19,869
Percentage reduction: -24%
Value for money has always been central to the appeal of the MG4 and tumbling used prices make it even more appealing. An average of just over £15,000 gets you a current electric hatchback that looks sharp, is fun to drive and comes with plenty of kit. Battery range for the cheapest versions is 218 miles; you’ll pay more for the 281-mile range of the Long Range version, and more again for the 323-mile capability of the Extended Range model. The interior looks as good as the exterior, but although passenger space is fine the boot is on the small side. Reliability can be patchy, too, although there’s the reassurance of a seven-year/80,000-mile warranty.
MG4 Review
5. Volkswagen ID.4
Average listing price in December 2025: £18,819
Average listing price December 2024: £24,381
Percentage reduction: -23%
The Volkswagen ID.4 is another electric car that’s now surprisingly cheap. Prices have slumped considerably over the past year, and it’s a car that didn’t hold its value especially well from the start. That might set alarm bells ringing, but it shouldn’t. Okay, the ID.4 has a fiddly touchscreen and doesn’t look as smart inside as some other VWs, but it’s good to drive and every model offers a range of more than 300 miles. The interior is very spacious, too, and even if it’s not VW at its best it has a solid and classy look. Average prices are now below £20,000, but you can pick one up for £15,000 or less if you’re happy with a higher-mileage example.
Volkswagen ID.4 Review
6. Tesla Model Y
Average listing price in December 2025: £25,104
Average listing price December 2024: £32,215
Percentage reduction: -22%
Think of the Tesla Model Y as a taller and more SUV-like version of the hugely popular Model 3. It arrived on sale in the UK in 2022 alongside a whole host of other electric SUVs, and instantly won the attention of buyers for its combination of performance, practicality, and access to Tesla's Supercharger network. As with Tesla's other models, the Y has a minimalist interior with most of the car's functions controlled via a central touchscreen. All credit to Tesla that the Model Y is very simple to operate, although we would prefer the ride comfort to be better, particularly on early models.
Tesla Model Y Review
7. Ford Mustang Mach-E
Average listing price in December 2025: £23,930
Average listing price December 2024: £30,708
Percentage reduction: -22%
The Ford Mustang Mach-E is another electric SUV that has seen its value plummet over the past year. Introduced in 2021, it remains competitive with newer rivals thanks to its fun-to-drive nature and a range of up to 372 miles for the latest, long-range versions. Even the earliest Mustang Mach-E offers a range of almost 250 miles, as well as a 0-62mph time of about six seconds, and used prices starting at just over £15,000. The GT model is a proper high-performance EV, hitting that benchmark in less than four seconds. Whatever you think of attaching the Mustang name to a battery-powered SUV, it’s a car with bags of character that provides an enticing blend of sportiness and practicality.
Ford Mustang Mach-E Review
8. Jaguar E-Pace
Average listing price in December 2025: £17,768
Average listing price December 2024: £22,757
Percentage reduction: -22%
Yes, another Jaguar. The fact the brand is currently in the process of reinventing itself (and doesn’t sell any new cars) seems to be hitting Jaguar used cars values hard. Despite its name, the E-Pace isn’t an electric car. Rather, it’s a compact SUV in the same mould as the Audi Q3 and BMW X3. Like most Jaguars it has great poise through corners, but the penalty is a rather firm ride. The interior is showing its age a little, too, although the larger touchscreen you get with newer versions is impressively easy to use. Passenger space is up to class standards and the boot is a decent size, while all versions are very well-equipped.
Jaguar E-Pace Review
9. Kia Niro EV
Average listing price in December 2025: £20,393
Average listing price December 2024: £26,039
Percentage reduction: -22%
As the follow up to the original e Niro, the Niro EV had a pretty tough act to follow. After all, its predecessor almost won our new car EV SUV megatest back in 2021. Thankfully, the latest model doesn't disappoint, because it offers a similar combination of space, practicality, technology and a driving range of well over 200 miles. It's also a much more modern design both inside and out, and being a Kia should come with the balance of the original seven-year, 100,000-mile warranty. With the arrival of the newer EV3, the Niro EV has taken something of a backseat in buyers' minds. For us, it's a real hidden gem in today's used car market.
Kia Niro EV Review
10. Jaguar XF
Average listing price in December 2025: £12,719
Average listing price December 2024: £16,163
Percentage reduction: -21%
Fancy one of the best-driving executive cars of recent years for just £10,000? That’s what the Jaguar XF offers. While the brand is currently on something of a hiatus, it was on great form when it cooked up the XF – its rival for cars such as the BMW 5 Series and Mercedes Benz E-Class. The second-generation model arrived in 2016 and sub-100k mileage diesel models available for £7,000 or so. You’ll pay more for a high-performance petrol version but regardless of the fuel it uses the XF is a car that feels responsive and rewarding to drive. Interior quality isn’t up to BMW levels but space in post-2016 models is excellent and the XF Sportbrake estate version combines a huge load bay with sleek looks.
Jaguar XF Review
Methodology
As a used car marketplace, CarGurus UK sits on a treasure trove of data. Where possible, we try to use this data to help car buyers to be more informed, whether it's through clear price analysis and deal ratings, the number of days a vehicle has been for sale, or any price drops that have been applied. For this article, our team of data analyists looks at year-over-year price changes for thousands of different car models across our website, and highlight the 10 cars each month that have dropped in price by the highest percentage compared with the year before. In doing so, we are able to identify vehicles that offer excellent value relative to a year ago, and thus help consumers who are focused on securing one of the best value models in the current market.
To guard against anomalies in stock, our analysts only looked at models with at least 100 examples listed for sale on CarGurus.co.uk, and only cars that were registered between 2015 and 2025 and with between 5,000 and 100,0000 miles are included to guard against results being skewed by inventory of nearly new cars with delivery mileage and therefore much higher list prices.