LCV values improved in July according to remarketing giant BCA. On average, vans sold through the auction house fetched £5498, an increase of £99 (1.8% on June).

BCA has put the month-on-month rise down to higher value corporate volumes increasing during the month. Dealer part-exchange volumes remained the same as in June.

Values for fleet and lease LCVs fell by £54 (0.8%) to £6464 in July, but year-on-year values were up by £682 (11.7%).

“Typically we have seen double-digit percentage rises when comparing year-on-year values, which highlights how far demand has outstripped supply since the onset of recovery from recession,” said BCA.