STEADY PERFORMANCE CONTINUES ACROSS WHOLESALE VEHICLE MARKET IN JUNE

“The wholesale vehicle market continued to perform steadily through June, with conversion rates improving and pricing remaining relatively stable” said Paul Hill, spokesperson for the National Association of Motor Auctions (NAMA), following the June market meeting for 2025.

 

 

The light commercial vehicle (LCV) market remained consistent, with internal combustion engine (ICE) vans continuing to perform well. While stock availability varied between members, well-graded commercial vehicles remained in strong demand. Battery-electric vans (BEVs) continue to present some challenges, but appetite is growing for newer, longer-range models.

 

 

Electric vehicle (EV) values saw a further easing in June, down by -1.8% following last month’s -2.8% movement. Tesla volumes have remained high, but with a more limited impact than previously seen. Members continue to report strong retail interest in newer BEV and plug in hybrid electric vehicle (PHEV) models, particularly where range and specification meet buyer needs.

 

 

The market remains on a stable footing, with:

 

· Petrol and hybrid models continuing to perform strongly, down just -0.4% and -0.5% respectively

 

· Overall average movement at -0.7%, above seasonal expectations

 

· A steady rise in conversion rates reported over the past two months

 

Retail activity has also shown signs of growth, with franchised and independent dealers reporting steady sales and stock turnover.