NAMA Market Update – September 2025: NAMA Members Report Healthy September Market as Supply Remains Tight

“NAMA members have seen another strong month, with conversion rates at year-to-date highs and robust bidding across all sectors,” said Paul Hill, spokesperson for the National Association of Motor Auctions (NAMA), commenting on the September 2025 Market Update. “Members are reporting strong values for vehicles -all makes, models, derivatives and mileages - reflecting both market demand and the resilience of the UK wholesale auction sector.”

Market overview
September began more slowly as schools returned but quickly gathered pace, with wholesale activity described as “exceptionally healthy” for the time of year. Average values at 3yr/60k were up 0.1% against a seasonal expectation of -0.2%, reflecting strong appetite from buyers and a shortage of stock. Independent and supermarket dealers, along with franchised dealers, are all equally very active. Attendance rates remain high with all grade of vehicles attracting interest.

Light Commercial Vehicles
LCVs were a standout sector. Members reported very high conversion rates, with some auction weeks showing van conversion rates around 88%, and average selling prices for vans rising. More electric vans are coming to market, and consumer interest is rising, though they are currently taking longer to sell (around 52 days versus 42 for diesel). Despite some rental companies offering significant discounts, dealers report more buyers than available stock.

Electric Vehicles
EV volumes are up 20% compared with September 2024. Three-to-five-year-old EVs continue to turn fastest, while sub-one-year-old models face ongoing price pressure due to new car discounts and government grants. EVs in the £5,000–£15,000 bracket show the strongest performance, with values edging up 0.4–0.5%.

Paul Hill concluded:
“September is usually when we start to see the market soften, but this year the wholesale sector has held up remarkably well. High conversion rates, strong buyer attendance and stable pricing all point to a positive outlook as we move into the final quarter of 2025.”