European Car Price Forecast 2026

News

The forecast is based on current industry estimates and is subject to change due to significant geopolitical or economic events.

🔼 New cars: Moderate price increases are expected, approximately +2-8% on average (for many models, approximately +€1,000-€2,000). Reason: High interest rates make car loans and leasing more expensive, reducing consumer demand.

🔼 Electric vehicles (EVs): Price increases are expected to be higher, +5-10%.
Reason: Rising battery raw material costs (lithium, nickel), continued shortages of some materials, and logistical risks are increasing EV production costs.

⬇️ Used cars: Overall, a downward correction of ~-5-10% is possible, especially in the used EV segment. The decline may be more noticeable (>10%) due to rapid technology depreciation.
Reason: Oversupply in the used car market, along with rising EU CO2 standards and subsidies, are changing the demand structure, stimulating a shift to EVs and hybrids.

⬇️ Premium segment: price increases are less predictable—demand will decline, impacted by high interest rates and limited liquidity. Prices will likely remain unchanged.

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Malaga
February, 2026
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