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Fleet and lease values reach a new high

Average values for August in the fleet and lease sector reached the highest average monthly value recorded at BCA.

BCA Pulse August

Fleet and lease values at new high

The firm’s latest Pulse data reveals that fleet and lease values improved by £48 in August to £10,534, equivalent to a 0.4% rise. Retained value against original MRP (Manufacturers Retail Price) improved slightly to 42.70%, whilst year-on-year values were up by a significant £644 (6.5%), as both average age and mileage continued to reduce.

Average used car values across the board rose by £122 (1.3%) to £9,084 over the month – the second highest average monthly figure on record at BCA – while year-on-year, the headline figure was up by £742, equivalent to an 8.89% increase in average values.

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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.