Fleet News

LCVs: BCA figures chart price pressure

The latest data from BCA’s Pulse December report shows that average fleet and lease commercial values have fallen by nearly £500 from a peak of over £4,000 in September.

Values averaged around or above £4,000 throughout the spring, summer and early-autumn of 2007, but have subsided in December to around £3,550.

Average mileage has crept up to over 73,000 – some 4,000 miles higher than that recorded in August, for example – while performance against CAP has fallen dramatically from nearly 99% in July to 91.5% in December.

This has coincided with greater volumes being available from fleet and lease sources for remarketing, with much stock being in no better than average condition.

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