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Cox Automotive analysis shows new car prices rising 67% over decade

1 report, 1 independent Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Cox Automotive analyzed market trends showing the average list price of a new petrol car has increased by 67 per cent over the last decade, rising from £27,035 in 2015 to £45,218 today, according to analysis using Cap HPI data. Used car sales grew by 2.2 per cent in 2025, marking three consecutive years of growth. The Skoda Kodiaq was named What Car?’s best used seven-seater of 2026, with a used purchase offering a saving of £18,025 compared to a new model.

From dailymail.com

Why it matters

Some supportBrind's analysis of the reports

The significant increase in new car prices is pushing consumers toward the used market, where substantial savings are available. This trend suggests a shift in consumer purchasing behavior within the automotive sector.

From dailymail.com

Who's involved

  • Cox AutomotiveCompany that conducted the analysis of market trends and car prices.
  • SkodaAutomotive brand whose used model was highlighted as a 'half-price hero'.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Volkswagen GroupSpeculative

    The shift toward used cars might reduce demand for new vehicles, potentially impacting the group's revenue.

  • VolkswagenSpeculative

    Reduced demand for new cars due to high prices could affect competitors in the market.

  • ExperianSpeculative

    A robust used car market could increase demand for inventory trend data.

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The entities involved

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Coverage

Newest first; wire copies grouped