April set a new highest average monthly value in the used van market, according to BCA. Used vans averaged £4,693 across the board in April, up £193 or 4.2% compared to March’s figure.
Average fleet and lease van values rose by £50 to £5,176, another new record and the sixth straight record month.
Nearly-new van values rose 8% to £10,844 but volumes remained low. Part-exchange values were up 2.7% to £2,715, following a fall in March.
“Values continue to march on, driven by good levels of demand,” said BCA’s Duncan Ward.
– Steve Paine has returned to BCA Blackbushe as sales manager following a secondment to its Birmingham site. He is responsible for further developing LCV sales at Blackbushe, which hosts the largest weekly sale of light commercial vehicles in Europe, regularly offering up to 500 vehicles said BCA.
Follow BusinessCar on TWITTER