Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo

Used LCV values continue to march on, says BCA

By / 7 years ago / Latest News / No Comments

Values have risen for nine out of the last ten months, and record values have been set for six months in a row.  Average values for fleet & lease vans have exceeded £5,000 for three consecutive months having reached that benchmark for the first time in February.

BCA’s Duncan Ward commented: 'Average values are continuing to climb in the fleet market, with April marking a new high point and the third consecutive month that average values for fleet & lease vans have exceeded £5,000.'

Used LCVs averaged £4,693 across the board in April, an increase of £193 (4.2%) compared to March’s figure.

Looking at performance against CAP, the fleet & lease sector achieved 100.93% while the market as a whole averaged 101.58%, although there is a little downward pressure from last month.

Mr Ward added: 'Although we are in a period when we might typically expect prices to stall, values continue to march on. The good levels of demand, allied to a relatively thin supply of stock at almost every price point means there is plenty of competition for every van we sell.'

The author didn't add any Information to his profile yet.

Leave a comment

You must be logged in to post a comment.



Strict Standards: mktime(): You should be using the time() function instead in /var/www/vhosts/fleetworld.co.uk/httpdocs/wp-content/plugins/custom-background/includes/class.BackgroundsFrontend.php on line 347