Car Market Overview – May 2025

This monthly summary provides an update on the status of the UK new and used car markets. It includes data on new car registrations up to the end of March 2025 and the latest developments in the used car market as of the date of this report. Please note that all information is accurate as of April 24, 2025.

New car sales

In March 2025, the new car market experienced significant growth, with registrations reaching 357,103 units, according to the Society of Motor Manufacturers and Traders (SMMT). This represents a 12.4% increase, adding 39,317 more cars than March 2024. This surge builds on the previous year’s 10.4% rise, making March 2025 the most successful ‘new plate’ month since 2019.

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