Research from LexisNexis shows that the average age of vehicles on UK roads is rising while their value is falling. It says the average age of a vehicle has risen from 10 years in H2 2023 to around 10 years and 5 months in H2 2025. Over the same timeframe, average values have dropped by almost £1,000 to approximately £10,000.

The data comes from the LexisNexis Insurance Demand Meter UK, which is a biannual analysis of the market. LexisNexis suggests older vehicles present a potentially less predictable risk profile to underwriters due to their broader and less consistent mix of ADAS equipment.

The analysis also highlights a drop in switching activity and says that in Q4 2025, 21% of policyholders switched provider – the lowest level recorded since Q1 2023.

Tom Lawrie-Fussey, associate vice president of insurance product management, UK and Ireland, at LexisNexis Risk Solutions, said: “The market is insuring older cars with depreciating values. Knowing the status, maintenance history and real-time value of these vehicles is central to fair policy pricing and customer transparency throughout the insurance claims process.”