We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
The average price of used cars sold at auction rose by 2.2% month-on-month in June, according to figures from BCA.
However, the £9,463 average also represented a £178 drop compared with June 2018.
The fleet and lease sector average was £11,372 - an increase of just £2 compared with May, but a £174 improvement year-on-year, with average age and mileage rising.
Values of dealer part exchange cars were up £44 month-on-month and £200 year-on-year, while values of nearly-news cars jumped to £23,481, the highest level so far in 2019 and a £1,071 improvement on June 2018.
BCA COO for UK remarketing Stuart Pearson said: "The market volatility seen in previous months started to ease as the month of June progressed and created a feeling that more typical seasonal trading was starting to resume.
"It's been a challenging period for the market, as values have shifted at a significant rate over recent months which has created uncertainty.
"We've been working closely with our vendors to keep them informed of trading conditions and our unique real-time BCA Valuations pricing intelligence has helped to accurately value stock to sell first time."
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
