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Average used LCV values remain stable at BCA

September saw average LCV values lift slightly at BCA as the market remained stable for the fourth month running. 

Steady demand generated a small month-on-month rise of £18 in September as the market remained stable for the fourth month running

The small month-on-month rise of £18 boosted values to £9,902 at BCA, reinforcing the continued stability of late.

Whilst average monthly values have risen by £1,908 in the past year, they have moved by just £246 across the last four months.

Average price performance reached nearly 107% of guide price.

Stuart Pearson, BCA COO UK, commented: “The LCV market remains very robust with average values hardly moving over the last four months. Supply and demand is currently really well balanced in this sector and we continue to see the best-presented vans achieving some outstanding prices.”

He added: “There is a real chance that we could see values strengthen further towards the end of the year to meet the needs of the festive trading period – particularly as the well-documented supply challenges around new vehicles continues to have an impact on the wider marketplace.”

BCA is also continuing to work closely with customers to enhance its offering, including through changes to LCV cataloguing and the grading process, and further new initiatives.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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