BCA’s quarterly Pulse price report further underlines the strong market for used LCVs.

The last three months of 2006 saw values for LCVs rise to nearly £3,900, the highest quarterly value recorded last year and a rise of over £400 against the previous quarter.

The average age of fleet and lease vehicles at remarketing fell by nearly three months against Q3, while average mileage rose slightly to just under 70,000.

Reflecting the strong and sustained market that BCA and other commentators reported late last year, average values rose by over £400 (11.8%) against Q3. Similarly, CAP performance also improved noticeably, increasing by over five points to 100.4%.

Fleet/lease values at BCA - 2006

Period Av age Av mileage Av sale price Sale price vs CAP (%)
Q4 2006 47.63 69,884 £3,892 100.4
Q3 2006 50.52 69,557 £3,481 94.8
Q2 2006 48.79 71,374 £3,544 96.9
Q1 2006 46.31 71,344 £3,729 96.0