Spain’s used car market has taken a hit, with average prices dropping by over 1000 euros compared to last year. Diesel vehicles saw the steepest decline, while Madrid remains the most expensive region for buyers.
September brought a jolt to Spain’s used car market. The average price for a secondhand car dropped to 17,254 euros. That’s down 5.51% from September 2025. Buyers are now paying over 1,000 euros less than they did a year ago. Coches.net provided these figures.
Madrid still tops the list for the highest used car prices. The average there is 19,057 euros. País Vasco follows at 18,276 euros, with Cataluña close behind at 18,197 euros. On the flip side, Baleares, Castilla La Mancha, and Extremadura offer the lowest prices. In those regions, averages sit just above 15,000 euros.
In the first nine months of 2026, Spain registered 1,640,051 used passenger cars and SUVs—a 2.6% increase year-on-year, despite falling prices.
No region escaped the price slide. Baleares saw the sharpest fall, with prices down 11.1%. Asturias dropped 9.6%. Aragón lost 7.6%. Madrid’s dip was much smaller at 1.9%. Navarra and Cantabria also saw only slight decreases.
Car age is now a bigger deal for buyers. Vehicles between one and three years old sold for an average of 27,666 euros. That’s almost unchanged from last year. Four- to five-year-old cars averaged 23,786 euros, down 1.2%. The most expensive group—so-called seminuevos—settled at 32,166 euros. That’s a 3.8% drop from last year.
According to sector analysts, demand is shifting toward newer vehicles: sales of cars up to five years old grew by 5.2% in the first nine months of 2026, now accounting for 26% of the market. However, vehicles over 15 years old still represent the largest age group, making up 41.6% of all used car sales.
Fuel type now shapes the market. Diesel used cars took the hardest hit. Their average price fell to 13,295 euros. That’s a 10.6% drop from September 2025. No other vehicle category saw a bigger fall this year.
Madrid’s lead in the used car market is nothing new. As reported earlier, the capital keeps outpacing other regions in both sales and prices. This holds true even as prices drop across Spain.
The numbers point to a shift. Prices are falling everywhere, especially for diesel models. Buyers have more options and better deals. Sellers face a tougher market. Only the best-priced cars will sell fast now.
