BCA’s latest Pulse report shows rise in van values
The BCA have released data from their latest Pulse report . There was more fantastic news for the LCV market, as values for light commercial vehicles reached record levels in September, despite the continued shortage of quality used van stock on the market. According to the BCA report, average values for vans rose 2.8% to £5,158, an increase of £145 compared to the previous August record, thanks in part to the fleet & lease and dealer part-exchange sectors. Values in the fleet & lease LCV sector improved by £194 (3.1%) in September to a new record value of £6,408. However, nearly-new LCV values fell in September by £1,767 to £12,694. Year-on-year table: All vans All vans Avg Age (mnths) Avg Mileage Avg Value Sale vs CAP Sept 2012 57.93 78,805 £4,224 100.72% Sept 2013 59.33 80,217 £5,158 105.19% *Data table from the BCA Pulse Report Duncan Ward BCA’s General Manager – Commercial Vehicles commented , “BCA saw exceptional levels of demand for light commerc...