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|