Thursday 29th Sep 2016 - Logistics Manager

Used LCV value grows

In March 2016, demand for used commercial vehicles saw values increase to near record levels, British Car Auctions has said.

According to the auction company, values for LCVs sold at BCA averaged £5,879 in March – an increase of just £31 (0.5 per cent) compared to February – but the second highest monthly figure on record.

Year-on-year values increased by £263 (4.6 per cent) – and this year, the average van is nearly three months younger, with a 2,400 lower mileage.