Home / World / Europe News / Used diesel automobile values upward push greater than another gas kind in previous 12 months and a few fashions are up 9.1%
Used diesel automobile values upward push greater than another gas kind in previous 12 months and a few fashions are up 9.1%

Used diesel automobile values upward push greater than another gas kind in previous 12 months and a few fashions are up 9.1%

Britons are discovering it more and more tough to shop for new diesel automobiles because the trade sounds the loss of life knell at the ‘grimy’ gas kind.

Motorists are ‘working out of choices’ as producers proceed to delete diesel engines from levels, seeing availability tumble to report lows.

Market research presentations nearly part of mainstream manufacturers have killed off diesel powertrain availability already.

This is mirrored in registration information, which presentations that only one in each and every 18 new automobiles purchased this 12 months (to the tip of April) are diesels – a 13 in step with cent decline at the first 5 months of 2024 as provide dwindles.

But the used automobile marketplace gifts a unique point of view at the stage of call for for diesel as drivers proceed to peer their benefits, particularly long-distance gas economic system.

The greatest second-hand automobile stockist in Britain says the typical price of diesels have grown 1.6 in step with cent within the final 12 months – greater than another gas kind. We divulge those which might be appreciating maximum in price… 

Is diesel useless? Britons will fight to seek out new ones in showrooms these days as automobile makers slash their availability. But used marketplace information presentations there may be nonetheless considerable urge for food for diesel in Britain…

A critical loss of new diesel choices

The number of new diesel automobiles has reduced in size by way of 68 in step with cent in not up to a decade, research by way of second-hand market Car Gurus published final 12 months.

Its evaluate of the mainstream automobile marketplace discovered simply 65 diesel choices around the 30 most well liked producers.

That’s scarce availability in comparison to a decade in the past; in 2015, there have been 202 other diesel fashions on sale in UK showrooms when round part of recent automobile registrations have been diesels.

And some main names have culled diesel engines totally.

Vauxhall, which had 8 other new automobiles in 2015 with the number of a diesel engine now has 0.

Toyota has additionally long gone from a choice of seven diesel fashions to none in the similar length, and Volvo (8 diesel variants to be had in 2015), Hyundai (seven), Fiat (seven), Nissan (six) and Honda (4) have additionally adopted go well with. Mini too has killed off its ‘D’ variants.

Ford has additionally long gone from 13 other diesel choices in 2015 to simply two at the moment, whilst Peugeot has downgraded from 11 fashions to just a couple. Kia and Renault, which a decade in the past introduced a extensive choice of diesels, are all the way down to just one of their levels these days.

The hastily diminishing number of new diesel automobiles partially explains why diesel registrations have fallen off a cliff edge.

Winding the clocks again to 2014, respectable figures from the Society of Motor Manufacturers and Traders (SMMT) presentations 1.24million diesel automobiles have been offered, accounting for greater than part (50.1 in step with cent) of all new passenger car registrations that calendar 12 months.

Back then, they have been closely incentivised by way of the Government’s emissions-based automobile taxation (Vehicle Excise Duty) gadget that rewarded the decrease CO2 emissions of diesel automobiles inexpensive annual VED prices for homeowners.

However, the whole thing modified in 2015 when the emissions dishonest scandal used to be unearthed, sparking an environmental schedule in opposition to ‘grimy diesels’.

Hiked VED charges for diesels adopted, in conjunction with the creation of low emission zones, corresponding to London’s ULEZ, that have a lot more difficult compliancy laws for diesel automobiles than petrols, making them some distance much less sexy to other folks residing and commuting into towns.

Pressure has additionally fixed on producers to down gear on diesel building, with governments all over the world surroundings dates to outlaw the provision of inner combustion engine automobiles between 2030 and 2035.

As a consequence, diesel registrations in the United Kingdom have nosedived. Last 12 months, simply 123,104 have been offered – a 10th of the quantity getting into the street a decade previous – which used to be a 14 in step with cent decline on 2023 gross sales.

This chart highlights the huge decline in new diesel car sales in recent years. Diesel have represented just a fraction of registrations in the last two years as availability in showrooms declined. A decade earlier, diesels accounted for half of new cars entering the road annually

This chart highlights the massive decline in new diesel automobile gross sales lately. Diesel have represented only a fraction of registrations within the final two years as availability in showrooms declined. A decade previous, diesels accounted for part of recent automobiles getting into the street yearly

Used diesel marketplace paints a massively other image…

A enormous decline in new automobile registrations is not reflected at the used marketplace.

Of the 7.6million second-hand transactions recorded final 12 months, nearly 2.7million have been diesel – that represents a 3rd (35 in step with cent) of all used automobiles to switch fingers in 2024.

A 12 months previous, 2.75million pre-owned diesels discovered new keepers, which used to be consultant of 38 in step with cent of the 7.2million second-hand fashions purchased and offered all the way through 2023.

USED CAR SALES BY FUEL TYPE 2023-24: THERE’S PLENTY OF DIESEL DEMAND
Fuel kind Used transactions 2024 Used transactions 2023  Used marketplace percentage 2024 Used marketplace percentage 2023
Diesel 2,674,725 2,747,911  35.0% 37.9%
Petrol 4,367,009 4,079,555  57.1% 56.3%
Self-charging Hybrid 306,114 221,859  4.0% 3.1%
Plug-in Hybrid 92,120 65,837  1.2% 0.9%
Electric 188,383 118,973  2.5% 1.6%
Source: SMMT         

With over 2.7million drivers nonetheless satisfied to snap up a used diesel, it suggests there may be a number of urge for food among Britons.

And Auto Trader information – stocks solely with This is Money – helps this concept.

The country’s greatest second-hand automobile market published to us that the typical value of a used automobile in April used to be £16,948 – a 0.1 in step with cent decline at the similar month a 12 months previous.

However, the price of used diesels rose 1.6 in step with cent over the similar length to an April moderate value of £14,383.

That’s nearly identical to the typical second-hand petrol automobile value (£14,912), which has grown simply 0.5 in step with cent year-on-year.

In distinction, the typical value of a used electrical car slipped 7.6 in step with cent over the 12-month length, and plug-in hybrids dropped by way of 3.4 in step with cent.

Average sale occasions additionally display the there may be a number of diesel call for.

Used examples have been snapped up on moderate in 27 days (two days sooner than April 2024), which is on par with petrols (26 days) and sooner than EVs (30 days).

The used diesel that offered fastest final month used to be the Dacia Duster (5 to 10-year-old examples).

Buyers on moderate purchased one simply 18 days after it used to be first marketed by way of the seller, Auto Trader says. 

Auto Trader's data for April shows buyers are snapping up the average second-hand diesel model in27 days. The model on sale for the shortest time before a buyer is found is 5-10-year-old Dacia Dusters (pictured), which are bought on average within 18 days of being advertised

Auto Trader’s information for April presentations patrons are snapping up the typical second-hand diesel type in27 days. The type on sale for the shortest time earlier than a purchaser is located is 5-10-year-old Dacia Dusters (pictured), which can be purchased on moderate inside 18 days of being marketed

Marc Palmer, head of technique and insights at Auto Trader stated there may be ‘no signal at the diesel loss of life rattle simply but’. 

He informed us: ‘There stays a phase of the marketplace that also price diesel automobiles, specifically amongst the ones drivers who frequently pressure lengthy distances. 

‘It’s a shrinking phase none the fewer as selection turns into ever extra restricted as producers prioritise low emission automobiles. 

‘Anyone hoping for an important fall in diesel costs, on the other hand, will likely be unhappiness. 

‘As manufacturers proceed to transport clear of generating brand-new fashions, the second-hand marketplace will likely be squeezed additional, which as we’re already seeing on our platform, will lend a hand stay costs strong.’

The second-hand diesel automobiles going UP in price 

To perceive what path second-hand diesel call for goes in, which reduced in size the assistance of Cap Hpi, which specialises in monitoring used automobile values by way of tracking business sale costs.

It informed us the typical value of a three-year-old used diesel with 30,000 miles at the clock has fallen by way of simply 0.6 in step with cent between 2024 and 2025.

To put that into point of view the similar age team of petrol automobiles is down 0.3 in step with cent, whilst EVs have dipped by way of 10 in step with cent. 

Chris Plumb, head of recent automobile valuations informed us: ‘The efficiency of diesel automobiles stays sturdy within the used marketplace, basically pushed by way of the ongoing decline within the availability of each new and used diesel fashions.’

Cap Hpi’s main points which explicit three-year-old diesels have noticed the most important inflation in value over the past 12 months.

The used diesel model to have increased in value most in the last 12 months is the Audi A8 (2017-current) executive saloon. While a 3-year-old example would have cost £31,941 in April 2024, cars that age were valued at £34,944 last month - a £2,904, or 9%, increase

The used diesel type to have higher in price maximum within the final 12 months is the Audi A8 (2017-current) government saloon. While a 3-year-old instance would have value £31,941 in April 2024, automobiles that age have been valued at £34,944 final month – a £2,904, or 9%, build up

Three-year-old examples of the previous-generation Honda HR-V SUV (2019-2021) has additionally noticed a 9% spike

BMW X3 (2017-2025) diesels have seen an 8% jump in price for 3-year-old examples in the last 12 months, says Cap Hpi

BMW X3 (2017-2025) diesels have noticed an 8% leap in value for 3-year-old examples within the final 12 months, says Cap Hpi

Three-year-old Audi Q2 (2016-2022) diesels are up 7% YOY, meaning buyers are having to pay £1,221 more for one today than they would have done 12 months ago

Three-year-old Audi Q2 (2016-2022) diesels are up 7% YOY, that means patrons are having to pay £1,221 extra for one these days than they’d have completed 12 months in the past

THE 10 3-YEAR-OLD DIESEL MODELS TO INFLATE IN PRICE (APRIL 2024-25)
Model Average value April 2025 Average value April 2024 Year-on-year motion (£) Year-on-year motion (%) 
Audi A8 (2017- gift) £31,941 £34,844 £2,904 9.1%
Honda HR-V (2019-21) £12,750 £13,900 £1,150 9.0%
BMW X3 (2017-24) £28,650 £30,973 £2,323 8.1%
Mercedes-Benz (2018-23)  £29,413 £31,750 £2,338 8.0%
Audi Q2 (2016-22)  £17,925 £19,146 £1,221 7.1%
VW Passat (2019-24)  £17,239 £18,250 £1,011 5.9%
Mazda CX-5 (2017-present)  £18,331 £19,483 £1,152 5.8%
Seat Tarraco (2018-24)  £20,116 £21,284 £1,169 5.8%
Volvo S90/V90 (2016-2024) £22,305 £23,550 £1,245 5.6%
Seat Ateca (2016-24)  £17,180 £18,132 £952 5.6%
Source: Cap Hpi in keeping with the typical value of 3-year-old automobiles with 30,000 miles at the clock 

The greatest mover is the Audi A8 (2017-current) government saloon. While a three-year-old instance would have value £31,941 in April 2024, final month the typical price of a 36-month-old diesel A8 used to be £34,944 – a £2,904, or 9 in step with cent, build up.

And it isn’t simply luxurious fashions which might be in excessive call for.

The previous-generation Honda HR-V SUV (2019-2021) has additionally noticed a 9 in step with cent spike, whilst BMW X3s of the similar generation (2017-2025) with diesel powertrains have risen by way of 8 in step with cent.

Three-year-old Audi Q2 (2016-2022) diesels are up 7 in step with cent, too, that means patrons are having to pay £1,221 extra for one these days than they’d have completed 12 months in the past. 

‘While the trade is transferring towards electrification, there stays shopper call for for diesel automobiles, as they proceed to supply sexy gas potency, more potent torque for towing, and an extended using vary in comparison to petrol – making them a realistic selection for long-distance and high-mileage drivers,’ Chris stated.


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