BCA reports monthly rise in used LCV values

Date: Tuesday, July 2, 2019   |   Author: Sean Keywood

The average price of used LCVs sold at auction went up by 2.8% during May, according to newly-released figures from BCA.

The £7,397 average meant a £198 month-on-month increase, although it also represented a £105 year-on-year fall.

Values for part-exchange vans rose by £95 (2%) during May to £4,708 – the fourth-highest figure on record, and a 7.2% increase on May 2018, although thecomparitive age and mileage of vehicles sold was down.

The fleet and lease sector saw an average price of £8,192 – a month-on-month fall of £102, and a year-on-year fall of £186, which BCA blamed on a rise in vehicle age and mileage.

The highly variable nearly-new sector saw an average price of £15,441 – a month-on-month fall of £246, and a year-on-year fall of £1,607.

BCA COO for UK remarketing Stuart Pearson said: “BCA saw steady levels of LCV business during May. 

“Across the network, professional buyers continue to focus on good-quality, well-presented stock to attract retail customers, although vehicles presented for sale with damage or poorly prepared need to be sensibly valued to sell first time.”

 

 



Share


Error loading MacroEngine script (file: RelatedLinks.cshtml)

View The WhatVan Digital Edition