Stock from corporate vendors (fleet & lease) represents one of the key market sectors, delivering a wide range of affordable product that is equally attractive to professional buyers and non-trade end-users. In Quarter 1, 2006, fleet & lease vehicles were remarketed on average at just under four years old and just over 71,000 miles. Values averaged £3,729 – very affordable for the next user and a good profit opportunity for the professional buyer.
Vehicles from part-exchange sources are also seen as affordable by professional buyers and end-users, averaging just over £3,200 in Quarter 1, 2006. The age and mileage profile is slightly higher and they are unlikely to have the benefit of just one company name in the logbook.
Whatever the source or sector, buyers are avidly chasing any LCV - irrespective of manufacturer badge - if condition is good, mileage low, and specification is right.
Premiums are being paid for air conditioning across all ranges, as are car sized vans with side loading doors, and any van with factory fitted satellite-navigation. BCA Pulse includes much more information including month-by-month price comparisons, price by fuel type, economic review and a comprehensive car report. For more details on how to receive a copy of Pulse contact BCA Customer Services on 0845 600 66 44, email email@example.com or use the online form on BCA’s UK website www.bca-europe.com
LCV Q1 2006 Market by sector
|Market sector||Av age||Av mileage||Av sale price||Sale price vs Cap %|
|Fleet and lease||46.31||71,344||£3,729||96.0%|