The National Association of Motor Auctions (NAMA) reported a stable wholesale vehicle market in April 2025, with slight seasonal deflation observed ahead of the Easter bank holiday.
NAMA spokesperson Paul Hill said: “In the lead up to the Easter bank holiday weekend, we saw stability in the wholesale market, but there are signs of some light market deflation.
“This is not unexpected, especially after what has been a particularly steady and stable first quarter.”
The market has remained stable with positive movements, particularly in van conversions.
NAMA members observed that electric vans are not performing as strongly as their internal combustion engine (ICE) counterparts, with electric units taking an average of seven days longer to sell.
Metrics for April 2025 show a 1% increase compared to the same period last year.
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By GlobalDataAn increase in supply across most age ranges has resulted in minimal pricing movement since last month.
NAMA members reported a slight seasonal deflation, typical for this time of year.
Despite a slight rise in stock levels, there is a continued demand for more inventory.
Buyers are exercising caution leading up to Easter, yet demand remains healthy.
Petrol vehicles, especially those between five and ten years old, are selling well while sub-one-year-old battery-electric vehicle (BEV) models face challenges.
The representative concluded: “Whilst the market has eased slightly, there are still signs of healthy levels of demand and some increase in supply across most age ranges.
“The market appears to be progressing steadily. NAMA members remain optimistic, expecting activity to pick up over the next couple of weeks and build on the positive momentum seen so far this year.”
