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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