Light commercial vehicle values at BCA are back at levels seen in spring 2024 as market confidence rebounds.
Used LCV values at BCA averaged £7,998 in February; up 3.5% or £274 compared to January’s figure of £7,724. The rise follows two consecutive monthly value improvements in 2025 that have seen average prices rise by over £800 compared to December’s value.
February marked the highest average monthly value for LCVs since May ’24, well ahead of the market low point recorded in December last year when average monthly values dipped below £7,000 for the first time since 2019.
LCV values continued to outperform guide price expectations, averaging 103.7% across the month, up by 3.3 percentage points so far this year.
Sold volumes also continue to rise at BCA, with more than 10,000 LCVs sold in February 2025.
Stuart Pearson, chief operating officer UK, commented: “Increased volume can often dilute pricing, however in a month where more than 10,000 LCVs were sold at BCA, real values increased and guide price performance lifted.”
The rise in demand for used vans contrasts with the fall in the new van market where registrations have dropped for three months running.
BCA also reported rising levels of buyer engagement since the turn of the year and good levels of demand that seems set to continue with many customers still reporting low inventory levels.
Pearson went on: “Whilst only a few weeks into the new year, there’s a very healthy balance between supply and demand, which is welcome news for both sellers and buyers alike.
“March trading has continued with a similar pattern and whilst we could see some pressure as we move over the Easter period, following the sharp drop in values during 2024, the expectation is for a calmer and more predictable marketplace than experienced last year.”
