The average value of fleet and lease cars were flat  in March, falling slightly by £3 to £9670 in March, according to the latest BCA Pulse report.
 
BCA said the average age and mileage remained similar to this time last year, which was a record result.
 
Meanwhile, the average value of a used car overall fell by 3.7% in March compared to the previous month.
 
However, the average price (£7524) is still ahead year-on-year by £137.  BCA said the fall reflected a change in the volume mix over the month as dealers sold a greater number of part-exchange vehicles.
 
"Despite volumes continuing to rise in the wholesale sector, demand was steady across the range of stock on offer at BCA in March.   Reflecting seasonal patterns, we saw greater volumes from dealer part-exchange sources and this shift in the model mix impacted the headline value," said Simon Henstock, BCA UK operations director.

Last month, it was confirmed that Haversham Holdings had acquired BCA for £1.2 billion.

The company will be renamed to BCA Marketplace, according to London Stock Exchange documentation.

Haversham is lead by former Stobart Group chairwoman Avril Palmer-Baunack.

"The acquisition of BCA represents an important strategic step for Haversham into the automotive sector," said Palmer-Banuack. "BCA is a market-leading business with a unique position in the used vehicle marketplace.  Haversham's management team sees exciting growth opportunities in the changing European used vehicle market."