Van prices continued to rise in September as BCA recorded yet another strong month of average values. Following strong demand in the LCV sector during August, September has followed suit with average values rising to £3,862.
Once again average values for fleet & lease and dealer part-exchange vans rose, and although values for nearly-new vans slipped by £227, this appears to have been driven by model mix. Following last months pattern, all three sectors achieved over 100% of CAP values.
According to BCA’s latest Pulse report, average used LCV values across the board improved in September by £117 – over 3% – month on month. Values are now on a par with the peak of £3,868 recorded in January 2008. Year-on-year values are ahead by £672.
Dealer-entered part-exchange stock rose by £193 to £2,487 – an increase of 8.4%, following rises of 7.5% and 9% rise in the two previous months. This sector is certainly benefiting from the shortage of good quality stock available from fleet and lease sources.
Tags: van prices, Vans for sale
