The Lancing-based auction house said that although it did see a slight seasonal dip in activity, this only occurred during a relatively short period in July.
Shoreham credited the increased interest in LCVs in August to higher retail activity on dealer forecourts, with buyers turning towards the auction houses to replenish stock levels.
It added that prices have experienced the usual seasonal adjustment due to a relative lack of demand but these are expected to increase significantly in September and October when larger volumes enter the market, especially from fleets and leasing companies defleeting vehicles during the plate change period.
According to Shoreham, the buoyant and stable market will continue through the busy new registration period and towards the end of 2016.
“Increasing interest in LCVs and specialist, ex-utility stock at Shoreham means the overall impact of seasonality has remained minimal for us this year. This has allowed our buyer base to source the exact stock they require from an increasingly large selection of vehicles at this time of the year, albeit in a relatively calm market,” commented Tim Spencer, commercial vehicle sales manager at Shoreham.
