Fleet News

Used LCV sales 'stalling'

The decline in the used vehicle market continues with BCA reporting that the market for used light commercial vehicles is stalling.

“Despite fleet and lease van values rising, there are growing numbers of ex-lease short, medium and long-wheel-base vans available and we are seeing more unsold stock than earlier in the year,” said Duncan Ward BCA's UK business development manager for commercial vehicles.

LCV nearly-new and part-exchange values have fallen as professional buyers and traders remain cautious.

Putting a positive spin on the situation, Mr Ward said: “This means there is a great opportunity for small and medium sized businesses to get a good deal at auction if they are looking to upgrade their commercial fleet.”

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