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BCA: Fleet and lease values reach new record in March

Auction values put in a strong performance in March despite the early Easter, latest figures from BCA show.

Fleet & lease stock posted a new record value of £11,122 in March at BCA.

Fleet & lease stock posted a new record value of £11,122 in March at BCA.

Values for fleet & lease cars improved during the month to reach £11,122, up 3.0% on February and marking the highest point on record. Retained value against original MRP (Manufacturers Retail Price) improved by a point to reach 44.22%. Year-on-year values were up by £667 (6.3%), with age static and mileage declining.

Average values were up by £818 (9.2%) compared to a year ago, reaching £9,668 marking the second highest figure on record with average age and mileage continuing to reduce.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.