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Average LCV values continued to slip in June, making it two consecutive monthly falls, according to BCA.
Van values averaged £4280 in June, a fall of £186 (4.1%) against May's values, with both fleet and lease and part-exchange values decreasing, while nearly-new posted an increase.
Year-on-year values remain much higher than in 2009 - over £600 in June - and average monthly values "remain well ahead of the £4000 'price barrier' breached for the first time in December 2009" said BCA.
General manager, commercial vehicles, Duncan Ward, said: "We've recently seen a bit of a turning point in demand. Van dealers are finding it more difficult to churn their existing stock because retail sales have eased off; and when that happens they are not bidding as strongly in the halls or online for replacement vehicles.
"However, demand is far from flat, it's just not as strong as we saw earlier this year. What we may be seeing is a return to a 'normal' level of business and some of that much hoped for price stability in van prices - at a level that compares very favourably with 2009 values."
He added: "We reported last month on a subtle slowing of demand in the used LCV market seen over recent weeks. It seems some of that market seasonality is creeping back into the figures, and if we look at June 2008 and 2009, values in both months dipped after stronger May results."
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