The wholesale car market continued to point out resilience by means of June, with secure pricing and enhancing conversion charges, based on the Nationwide Affiliation of Motor Auctions (NAMA).
Talking after the organisation’s June 2025 market assembly, NAMA spokesperson Paul Hill stated the market had carried out “steadily”, regardless of ongoing challenges within the electrical car (EV) phase.
Within the gentle business car (LCV) sector, demand for inside combustion engine (ICE) vans remained sturdy, with well-graded inventory performing significantly nicely. Though availability diversified throughout public sale homes, urge for food for newer, long-range battery-electric vans (BEVs) is regularly growing, Hill famous.
Throughout the EV market, values continued to melt, falling by 1.8% in June following a 2.8% drop the earlier month. Tesla volumes remained excessive however at the moment are having much less of an affect on total values. Nonetheless, NAMA members are seeing sturdy retail curiosity in newer BEV and plug-in hybrid (PHEV) fashions that supply improved vary and specs.
Petrol and hybrid autos continued to carry out robustly, with solely slight worth actions of -0.4% and -0.5% respectively. The typical motion throughout all car sorts stood at -0.7%, which Hill stated was higher than anticipated for the time of 12 months. Conversion charges additionally improved steadily over the previous two months.
Retail exercise mirrored the wholesale market’s power, with franchised and impartial sellers each reporting regular gross sales and wholesome inventory turnover.
“Whereas there are nonetheless some areas requiring shut consideration, equivalent to EV values, the wholesale market stays in fine condition,” Hill stated. “NAMA members are seeing sturdy purchaser demand for high quality autos, and we count on this pattern to proceed into July.”