LCV values remain strong

BCA has reported that average LCV values remained above £9,000 for the fourth consecutive month.

Values continue to outstrip guide prices, continuing the well-established trend seen over the past year and sale conversion rates remain incredibly strong, with significant levels of demand for any vehicle that can be put to work immediately.

Stuart Pearson, COO BCA UK, said: “The volume and variety of ex-lease, rental and dealer, along with the incredible mix of light commercials from UKCGR, ensured that hundreds of bidders are joining our daily LCV online events and during the month, we saw more than 2,000 different buyers join our LCV programme for the first time. With all parts of the UK economy opening up, any van that can be put to work quickly is being snapped up.”