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Average fleet and lease car values increased slightly month-on-month in October by £88 or 0.9% to £9533, according to the latest figures from BCA.
Fleet and lease vehicles were in contrast to the overall market, which saw average used car values increase by 4.2% or £319 to £7429.
BCA is expecting the market to see some pressure on values towards the end of the year due to the amount of stock in the market at the moment.
Average dealer part-exchange values improved for the second month running, reaching a new record level of £4,136. Nearly-new values declined for the second month running, although model mix has a significant effect in this low volume sector.
Year-on-year values remained ahead by £574, equivalent to an 8% uplift, with both average age and mileage falling over the period. CAP Clean performance was down by a point, year-on-year.
Simon Henstock, BCA's UK operations director, said: "Used car volumes rose more slowly than expected in the wake of the plate change and this allowed the market to absorb the increase without impacting unduly on price performance through October.
"However, with dealers anecdotally saying that retail activity has slowed somewhat in recent weeks, we are starting to see some pressure on conversions in the wholesale market and rising stock levels as a result.
"With more choice for buyers, this may impact on average values between now and the end of the year, particularly for less desirable, lower-specced vehicles. The shortage of retail quality stock continues, however, and the best presented cars in attractive colours continue to make good values for sellers."
| Fleet/ Lease | Avg Age (months) | Avg Mileage | Avg Value | Sale vs CAP | Sales vs MRP |
| Oct 2013 | 39.43 | 44,659 | £9,138 | 96.25% | 42.58% |
| Oct 2014 | 39.82 | 47,497 | £9,533 | 95.27% | 42.04% |
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