The start point for the best source of fleet information |
BCA reports slight lift in LCV values
Date: 28 August 2014 | Author: Daniel Puddicombe
LCV values improved in July, according to remarketing giant BCA. On average, vans sold through the auction house fetched £5498, an increase of £99, or 1.8% on June. BCA put the rise down to higher value corporate volumes increasing during the month.
Duncan Ward, BCA general manager commercial vehicles, said: "The change in the model mix in favour of more expensive corporate stock actually resulted in the headline value [for July] rising, but that should not mask the fact that the used van market is notably quieter at this time of year."
Values for fleet and lease LCVs fell by £54 (0.8%) to £6464 in July compared with the previous month.
Overall, year-on-year values are up by £726, or 15.2%.
