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The average age and mileage of used cars sold on Autorola's online remarketing portal reached a record high during Q3.
The firm has attributed this to the improved supply of new cars pushing older ex-fleet and dealer part exchange cars into the used market.
It said it was the first real sign it had seen of older cars being replaced in higher volumes since replacement cycles increased during the Covid-19 pandemic, with the September number plate change also contributing to higher volumes.
The average age and mileage profile of diesel cars in Q3 rose to 51 months/39,139 miles, from 50 months/37,676 miles in Q2, while petrols rose to 45 months/26,473 miles from 44 months/25,130 miles
Hybrids rose to 32 months/21,633 miles from 31 months/18,281 mile, while EVs rose to 31 months/19,899 miles from 28 months/17,277 miles.
Despite these increases, Autorola said ICE car prices in particular had remained healthy, with used diesel prices falling by just 1.5% to £17,580, and used petrol prices dropped by 1.8% to £14,703.
Used EV prices saw the biggest fall, of 9.5% to £20,067, while hybrids fell by 5.4% to £22,246.
Autorola group sales director Jon Mitchell said: "With new car supply and sales continuing to improve it was only a matter of time before we saw the older cars reach the second-hand market in higher numbers.
"The strong September new car plate market has made a big contribution to this trend. It looks likely to continue until replacement cycles are more into line with what we have been used to."
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