Used-car market in November: slight price rise, EVs soften
AutoScout24 reports a 0.4% rise in used-car prices in November, with gasoline up and EVs down. Demand eased, EV supply surged 7.4%, signaling a buyer's market.
November brought a measured uptick in used-car prices. According to AutoScout24, the average price of a pre-owned car rose by 0.4% to €27,612. The main engine of that growth was gasoline models, which gained 0.7% to €25,146. Hybrids were largely flat, diesels edged down 0.2%, and electric cars slipped another 0.6% to an average of €34,009. Since the start of the year, EV prices have fallen by 2.6%.
Movement in the premium space was uneven: sports cars added 2% to reach an average of €72,257, while the luxury segment grew by 1.2%. By contrast, upper midsize models eased by 0.9%.
Age segments told a similarly mixed story. One-year-old cars became 0.4% cheaper, vehicles aged one to three years dipped by 0.3%, whereas classics and youngtimers each rose by 1%—proof that characterful metal still holds its charm even when the mainstream softens.
Overall demand decreased by 4.7%. Buyer interest in EVs fell by 9%, hybrids dropped by 6.6%, and gasoline and diesel models also lost some audience. Interest in gas-powered cars moved in opposite directions: LPG saw the steepest decline, while CNG grew by 3.7%. The pattern points to shoppers tightening the lens on total ownership costs and fuel flexibility rather than chasing novelty.
Supply narrowed by 0.6%, yet the number of used EVs on offer jumped by 7.4%—a record increase. With more electric stock arriving as prices soften, the balance clearly favors buyers, and sellers will likely need sharper pricing and clearer value stories to keep cars moving.
Separately, Auto1 Group reported its price index at 140 points, up 0.7% month over month, a signal that Europe’s used-car market remains steady even as preferences shift.