The latest price information from BCA’s Pulse Commercial Vehicle Report shows that LCV values continue at record levels in Quarter 3, 2007.

Average values for fleet and lease stock remained above the £4,000 barrier for the second quarter running and set a new record average value at £4,048 – an increase of just £11 on Quarter 2, but up a substantial £567 (16%) year-on-year.

Part-exchange LCV values averaged £3,370 in Quarter 3 – just behind the record values seen last quarter and a significant £441 ahead of last year.

Nearly-new used values continue strongly, driven by scarcity and supply-chain issues in the new van market. Values averaged £10,539 in Quarter 3, up £1,300 on the same period in 2006.

Average LCV values at BCA – Quarter 3

Sector		Ave age (months)		Ave mileage		Ave selling price		Vs CAP
Fleet		48.9		70,857		£4,048		98.6
Nearly new		8.2		70,890		£10,539		104.0
Part exchange		64.9		85,071		£3,370		98.1