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Used car prices in Spain surge after months of decline

Used car prices in Spain surge after months of decline RUSSPAIN.com © russpain.com
Used car prices in Spain surge after months of decline © russpain.com
The average price for a used car in Spain has jumped to 17,281 euros after two consecutive months of increases. Madrid has the highest prices, with País Vasco and Cataluña close behind; Castilla-La Mancha remains the most affordable region.

After six months of falling prices, Spain’s used-car market turned around in August: the average asking price climbed to 17,281 euros, a 1.2% increase from July. The declines have ended, and cheap used cars are harder to find, at least for now.

Madrid is the priciest region, with an average price of 19,014 euros. País Vasco follows at 18,392 euros. Cataluña is close behind at 18,241 euros. Castilla-La Mancha is the most affordable, averaging 15,254 euros. The gap between the most and least expensive regions is almost 3,800 euros, shaping what buyers can afford depending on where they live.

Spain recorded 155,532 used-car sales in August 2026, a record and a 6.1% increase from the same month the previous year.

Prices rose in every autonomous community in August. Baleares had the biggest monthly increase, at 2.68%. Aragón and Navarra also posted strong gains, while Cataluña joined them. Prices edged up in País Vasco as well. Andalucía and Castilla y León also recorded increases. But, the national average remained 4.9% below August 2025, and every region recorded a negative year-on-year balance. The recent rise has not erased the larger correction from last year.

Data from coches.net points to a shift in the cars on offer, with more younger vehicles and electrified models, both of which cost more. Semi-new cars, less than a year old, averaged 31,418 euros. Cars between one and three years old averaged 27,731 euros. Those aged six to ten years averaged 18,535 euros. Newer cars cost more and bring better technology. They offer greater efficiency, with cleaner engines. Industry reports cited by lasexta.com say that one in four used cars sold in August was between 1 and 5 years old, while 57% of transactions involved vehicles older than 10 years. The shift toward younger, more technologically advanced stock is a basic factor supporting higher average prices.

Fuel type also affects prices. Diesel models averaged 13,343 euros in August. Petrol cars averaged 16,228 euros. Electric and hybrid vehicles averaged 29,208 euros. Demand for electrified used cars rose nearly 13% from July and was up more than 45% from August 2025. This surge could soon change the market’s direction.

Changes in the used-car market echo developments in Spain’s new-car market. Brands such as EBRO are making a comeback, and new players are investing heavily, as industry sources have previously reported.

Despite the recent price rise, it is too soon to call this a full rebound: used cars remain cheaper than a year ago, and the market could shift again. Buyers need to look beyond the headlines. A car’s age and fuel type matter. Mileage also counts, while the region and model affect what buyers pay. Automatic bargains are harder to find, although the market is still better for buyers than it was last summer. Spain’s used-car sector remains fragile. Prices have stopped falling, though they have not surged, and the mix of cars on offer continues to shift.

Frank Miller RUSSPAIN.com
Editor

Frank Miller

Frank Miller covers the automotive industry, transport and Spanish road regulation for RUSSPAIN.COM