Year-on-year average LCV values have grown of average by 10% (roughly £586).
BCA’s LCV Operations Director said to CommercialFleet.org: “December is a short trading month and many corporate vendors hold vehicles back for the New Year, making stock scarce and focusing buyer demand. There was plenty of interest for any vehicles with a retail type specification, an unusual configuration or special equipment and, as always, any vehicle suitable for the delivery or courier markets was sought after. However, any vehicle in poor condition struggled to get the buyers attention unless it was keenly valued.”
The fleet and lease LCV sector saw average figures fall back marginally around £27.
Year-on-year values were up £673 with average age failing and mileage declining when compared to the same period in 2015.
“Early signs are the market has returned strongly in January, with good attendance at sales since the turn of the year and plenty of activity from online bidders. Typically January sees an uplift in demand and time will tell if 2017 will follow the pattern seen in previous years.”