Used LCV sales hit a new record at BCA in 2024, with well over 100,000 light commercial vehicles sold in a first for the company.
The record-breaking run saw more than 10,000 LCVs sold in the month of October alone, while BCA also reported the busiest festive trading period on record.
The business staged four days of sales between Christmas and the New Year, which saw customers compete strongly for stock offered via BCA Online and purchased direct through BCA Bid Now, Buy Now.
LCV values stabilised as 2024 drew to a close, according to the latest BCA Valuations data.
While LCV pricing has been volatile for much of 2024 – affected by the changing mix and condition of stock reaching the used sector following extended contracts – values improved during the early autumn months and remained stable into November and December.
LCV values at BCA averaged £7,187 in December and continued to outperform guide price expectations, averaging 100.4% across the month.
BCA said investment in the latest version of its LCV grading process, along with the investment in both cosmetic and mechanical preparation, supported the drive to ensure that more vehicles were presented in the optimal condition to support first-time sales.
Stuart Pearson, chief operating officer UK, commented: “2024 will likely be remembered as a difficult year for used LCVs, with pricing volatility from Easter onwards only settling down towards the last few months of the year.
“It underlines the efficiency and effectiveness of our online remarketing programmes, that this was also the year that BCA sold well over 100,000 LCVs for the first time.
“Over the year, we invested significantly in our LCV products and services to ensure that customers were up to date with live LCV pricing information and provided with a greater depth of information around vehicle condition. In addition, BCA generated more first-time sales by pre-sale preparing more vehicles to optimal condition, all of which has helped to support the significant volume growth we’ve seen.”
The LCV wholesale market has also got off to a strong start in 2025, although demand remains sensitive to price and condition.
Pearson continued: “Our Online Commercial Vehicle sales programme, selling seven days a week, combined with the products and services specifically designed to support the LCV sector, ensures that our sellers have the right tools and platform to remarket their LCVs, while buyer customers are able to source more of the right stock in the best condition, whenever they want to and in the easiest way possible.”
