Fleet News

Disposals: Quarter 3 LCV values strong, says BCA

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

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