Fleet News

Van values fall

Used van buyers are remaining cautious, causing values to fall during June.

Figures from auction house BCA show that average values for fleet and lease vans failed to break the £4,000 mark for the second month in a row.

The figure of £3,827 represented a 3.8% drop on May’s figure, or £152.

The followed a 3.5% drop, or £147, between April and May.

Duncan Ward, BCA’s UK business development manager for commercial vehicles, said: “The average value across all sectors dropped to £3,499 in June, a fall of nearly £200 on May’s figures and the biggest monthly drop we have seen this year.

“Average values have fallen by more than £350 compared to those recorded in January 2008.”

 

 

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