Sellers are seeing a scarcity of inventory within the wholesale market with demand exceeding provide, in line with the Nationwide Affiliation of Motor Auctions (NAMA).
“Overall, Q1 2025 has been extremely positive, for the month of March so far demand has been outweighing supply with general shortages of stock” stated NSMA spokesperson Paul Hill.
NAMA stated conversion charges remained sturdy, with EVs over two years outdated providing good worth however in distinction, EVs below 18 months are dealing with extra challenges.
Normally, it has been a really constructive quarter for the wholesale market, and with Easter approaching subsequent month, NAMA members are desirous to see if this may affect the market.
Paul Hill concluded “Conversion charges stay sturdy, and it’s noteworthy that EVs over two years outdated are proving to be good worth, which is able to help the general car fleet through the transition to electrical.
“The final LCV market stays secure however as anticipated, chassis cab vans are seeing volatility and the used 4×4 market is seeing a slowdown, with Profit-in-Form tax adjustments subsequent month.
“It is really great to hear that everything is still in a positive place, and it will be interesting to see the market in the second half of April and going into May, with Easter around the corner.”
