"Car registrations fell sharply in April as new vehicle duties took effect, with private sales down 7.9% year-on-year and total registrations dropping 10.4%, the weakest in nearly three years. While battery electric vehicle (BEV) sales rose 8.1%, growth slowed notably from March, with broader recovery still tied to domestic demand and economic conditions.
In the used car market, April saw a softening activity following a strong Q1, with subdued demand over the Easter and May holidays. Supply has increased, partly driven by promotional campaigns, placing mild pressure on pricing. Although BEV weakness is concentrated in a few models, overall supply and demand remain balanced. With wholesale volumes gradually rising but still below pre-pandemic levels, the market outlook is steady but cautious, underpinned by hopes of a Bank of England rate cut."
Philip Nothard - Insight Director
Updated: 12/05/25