- According to CarGurus data, the Skoda Enyaq is the used electric car that's risen most in value in the UK so far in 2026
- It's one of seven used EVs to gain value over the first half of the year, joined by the Hyundai Ioniq 5, BMW iX3 and both the Tesla Model Y and Model 3
- The rises come against a falling market, where most used cars – and most used EVs – have continued to lose value
Used electric cars have built a reputation for rapid depreciation in recent years. It's a slide that's been painful for sellers but something of a gift for buyers, who have been able to pick up a relatively recent electric car for a fraction of its original price.
The market is now starting to shift, however. Not only has electric car depreciation in the first half of 2026 slowed, but a handful of models have even increased in value.
Using data from CarGurus UK's extensive inventory of used cars for sale, this guide tracks how average listing prices moved over the first six months of 2026, and picks out the electric models that bucked the trend and gained value.
One of the biggest catalysts for this was likely the sharp rise in fuel prices that happened during the spring, which sent petrol and diesel to their highest levels in more than two years and made the cost advantage of going electric even harder to ignore. Combined with used EV prices that had already fallen a long way to make them look even more attractive, the sudden jump in demand was enough to push the values of the most sought-after used EVs back up. There's more on exactly why further down the page.
Below are the seven used electric cars that gained value over the first six months of 2026, ranked by the size of the increase in their average price.
| Make/Model |
Average Listing Price
January 2026 |
Average Listing Price
June 2026 |
Percentage Increase |
| Skoda Enyaq |
£20,557 |
£22,576 |
+10% |
| Hyundai Ioniq 5 |
£21,017 |
£22,891 |
+9% |
| BMW iX3 |
£25,591 |
£27,336 |
+7% |
| Ford Mustang Mach-E |
£24,015 |
£25,287 |
+5% |
| BMW i4 |
£28,895 |
£30,268 |
+5% |
| Tesla Model Y |
£25,114 |
£26,144 |
+4% |
| Tesla Model 3 |
£18,780 |
£19,054 |
+1% |
The Used Electric Cars Going Up in Value
- Skoda Enyaq
- Hyundai Ioniq 5
- BMW iX3
- Ford Mustang Mach-E
- BMW i4
- Tesla Model Y
- Tesla Model 3
Average listing price January 2026: £20,557
Average listing price June 2026: £22,576
Percentage increase: +10%
The Enyaq is the biggest riser on the list, and it's easy to see why demand is so strong. Skoda's family electric SUV is spacious, comfortable and beautifully judged for everyday use, with a big boot, a roomy cabin and a sensible, no-nonsense approach that makes it one of the easiest EVs to live with.
It shares its underpinnings with models from the wider Volkswagen Group, but generally undercuts them on price, and offers a usable real-world range that suits family life. That blend of space, quality and value is exactly what used EV buyers are chasing right now, which has pushed its average price up by 10% in just six months.
Skoda Enyaq Review
Average listing price January 2026: £21,017
Average listing price June 2026: £22,891
Percentage increase: +9%
Few used EVs are as eye-catching as the Ioniq 5, and its 9% rise reflects that appeal. It's one of the coolest electric cars around, mixing retro-futuristic styling with a spacious cabin and generous equipment.
Longer-range versions can cover 250 miles or more to a charge, while its 800-volt electrical system enables rapid charging that still shames many newer rivals. It's the kind of desirable, well-rounded family EV that buyers are actively seeking out, and that demand is now translating into rising values on the used market.
Hyundai Ioniq 5 Review
Average listing price January 2026: £25,591
Average listing price June 2026: £27,336
Percentage increase: +7%
The iX3 takes the familiar, hugely popular X3 formula and makes it electric, which turns out to be a winning combination on the used market. It's a comfortable, refined and well-built premium SUV that looks and feels much like its combustion-engined siblings, with a usable range of around 280 miles and the reassurance of a prestige badge.
As a used buy it offers a lot of premium EV for the money, and for many people would no doubt be the standout option on this list.
BMW iX3 Review
Average listing price January 2026: £24,015
Average listing price June 2026: £25,287
Percentage increase: +5%
Whatever you make of attaching the Mustang name to an electric SUV, the Mach-E has won fans thanks to its blend of style, space and genuine driving appeal. It's fun to drive, practical enough for family duties, and the longer-range versions can manage over 300 miles between charges.
This is an EV for those who love driving but don't want to sacrifice space or technology.
Ford Mustang Mach-E Review
Average listing price January 2026: £28,895
Average listing price June 2026: £30,268
Percentage increase: +5%
The i4 is proof that an electric car can be every bit as engaging to drive as a petrol one. This sleek four-door Gran Coupe pairs BMW's traditional driving polish with a plush, tech-rich cabin and a strong real-world range that comfortably tops 200 miles.
Like the Mustang Mach-E, it's a car that appeals to keen drivers and sensible commuters alike, and that broad appeal has helped nudge its average used price up by 5% over the first half of the year.
BMW i4 Review
Average listing price January 2026: £25,114
Average listing price June 2026: £26,144
Percentage increase: +4%
For a car that has spent years at the sharp end of the EV price slide, a 4% rise is a notable turnaround. The Model Y is a spacious, family-friendly electric SUV with a long range, effortless performance and access to Tesla's extensive Supercharger network.
Its minimalist, touchscreen-led interior won't be to all tastes, and ride comfort on early cars can be firm, but the sheer breadth of its appeal means there's always a large pool of buyers — and that demand is now firming up used values.
Tesla Model Y Review
Average listing price January 2026: £18,780
Average listing price June 2026: £19,054
Percentage increase: +1%
Rounding off the list is the Model 3, which posted the smallest rise of the group — but after the steep falls Teslas have seen in recent years, even a 1% uptick is significant.
Tesla's groundbreaking saloon remains a compelling used buy, combining a long range, low running costs, quick, easy charging and a spacious, clutter-free interior. There's a huge supply of models on the used market, so be sure to hold out for your perfect specification.
Tesla Model 3 Review
Why are used electric cars going up in value?
To understand why the average prices of these cars are rising, it helps to remember how far used EVs had fallen. Over the past few years, a flood of ex-lease and ex-fleet electric cars returning to the market, faster than demand could absorb them, sent used EV values tumbling. By early 2026, however, that decline had slowed markedly, and industry commentators were generally acknowledging that the market was beginning to settle after a long period of adjustment. Put another way, prices had potentially found a floor.
Then, the conflict in the Middle East that flared up in late February 2026 disrupted global oil supplies and pushed petrol and diesel to their highest levels in more than two years, with pump prices sitting close to 159p a litre for petrol and comfortably above 180p for diesel by early summer.
Almost overnight, the running-cost gap between filling up with petrol or diesel and charging up widened dramatically, with analysis suggesting the typical petrol driver was now spending over £1,300 a year on fuel, against a few hundred pounds for an EV owner charging at home.
In the new car market, the Society of Motor Manufacturers and Traders (SMMT) reported that in June 2026, EVs accounted for 30% of new car registrations, compared with 24.8% the previous year. The two most popular new cars for registrations in June 2026 were Tesla's Model Y and Model 3. Used car sales figures reported by the SMMT for the first quarter of 2026 show that EVs were once again in demand, with 32% year-over-year growth. We've seen a similar trend on CarGurus UK, where demand for some of the most popular used EVs advertised on our site has increased by 34% so far this year.
It is worth noting, this isn't a blanket recovery that applies to all electric cars. According to CarGurus UK average pricing data, most used EVs continued to lose value over the same six months, albeit at a far slower pace than we've seen in the past. These models include the Jaguar I-Pace (-9%), Volkswagen ID.4 (-9%) and ID.3 (-7%), MG4 (-9%), Renault Zoe (-7%), BMW i3 (-6%), Kia EV6 (-5%) and Nissan Leaf (-5%).
| Make |
Model |
Change in average price H1 2026 |
Change in average price H1 2025 |
| Jaguar | I-Pace | -9% | -21% |
| Volkswagen | ID.4 | -9% | -17% |
| MG | MG4 | -9% | -16% |
| Volkswagen | ID.3 | -7% | -19% |
| Renault | Zoe | -7% | -9% |
| BMW | i3 | -6% | -8% |
| Nissan | Leaf | -5% | -14% |
| Kia | EV6 | -5% | -12% |
*Based on CarGurus UK listings data
FAQs
Are used electric car prices going up in the UK?
Some are, but not all. Over the first six months of 2026, the average listings prices of seven used EVs on CarGurus UK increased, led by the Skoda Enyaq (+10%) and Hyundai Ioniq 5 (+9%). However, the majority of used electric cars continued to fall in price over the same period, so the rises are concentrated among the most in-demand models rather than being a market-wide trend.
Which used electric car has risen most in value?
According to CarGurus data, the Skoda Enyaq is the used EV that has increased in value the most so far in 2026, with its average listing price up around 10% between January and June. The Hyundai Ioniq 5 is close behind at 9%, followed by the BMW iX3 at 7%.
Why are used EV prices rising in 2026?
It's a combination of factors. Used EV prices had already fallen a long way and were beginning to stabilise, then a spring 2026 spike in oil prices pushed petrol and diesel to two-year highs, increasing demand for cheaper-to-run electric cars.
Are used EVs still cheaper than they were?
Yes. Even with these recent increases, used electric cars remain dramatically cheaper than a few years ago as the earliest cars become older and more high-mileage models are added to the supply.
Which used EVs are still falling in value?
Plenty. Over the first half of 2026, models including the Jaguar I-Pace, Volkswagen ID.4 and ID.3, MG4, Renault Zoe, BMW i3, Kia EV6 and Nissan Leaf all continued to lose value, albeit generally at a slower rate than they were one year ago.
Is now a good time to buy a used electric car?
That depends on the model. If you've got your eye on one of the risers, buying sooner rather than later may make sense. If you're more flexible, there are still bargains to be had among the many EVs that are continuing to fall in price. Either way, the running-cost savings versus petrol or diesel remain compelling, particularly if you can charge at home.
Will used electric car prices keep rising?
Nobody can say for certain. Much depends on how fuel prices behave and whether demand continues to be robust. If oil prices stay high and buyer confidence holds, the most in-demand EVs could continue to firm up; if fuel prices fall back, some of the recent momentum may ease.
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 analysts looked at how the average listing prices of used electric cars changed over the first six months of 2026 – comparing prices at the start of January with those at the end of June – across our website, and identified the electric models whose average price increased over that period. We also reviewed the wider used car market over the same six months for context, which showed that most models, including most EVs, continued to fall in value.
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 100,000 miles are included to guard against results being skewed by inventory of nearly new cars with delivery mileage and therefore much higher list prices.
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