BCA: used van prices still rising

Strong demand continued to fuel prices in the
UK’s used light commercial vehicle market last month, British Car
Auctions (BCA) figures have shown.

Average LCV values were £4,500 in March, 1.8%
down compared to February, but almost £1,000 above March 2009
figures.

Over the quarter, van prices averaged £4,507,
an increase of £593 compared to the figure recorded in the last
quarter of 2009.

Reflecting the price performance, CAP figures
remained strong in March, reaching an average 102.28%.

BCA general manager for commercial vehicles
Duncan Ward said: “Vehicle values are significantly ahead of those
recorded in 2009.

“If demand stays at current levels we would
expect prices to remain firm going forward.”

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