LCV values at BCA remain stable
New figures have found that average used LCV values edged up by £40 to £8,117 at BCA last month.
This represents a monthly increase of 0.5% and is in line with figures from the last two months.
Meanwhile, year-to-date LCV values at BCA have averaged £8,343, which is also ahead of last year.
Stuart Pearson, BCA COO UK, said: “The market has remained broadly consistent for a third consecutive month, with most buyers focused on replacing sold stock and prioritising vehicles that can be prepared, marketed and retailed quickly.
“A clear two-tier market is also emerging. The cleanest vehicles are attracting strong buyer competition and converting well, while provenance is becoming increasingly important, with buyers placing greater value on service history, spare keys and accurate condition reporting, particularly in specialist vehicle segments.
“By contrast, lower-grade, higher-mileage stock and vehicles requiring mechanical work continue to meet greater buyer resistance and need to be priced competitively. Encouragingly, electric LCVs have maintained strong momentum, improving across all core performance metrics.”
He continued:
“Our continued investment in cosmetic and mechanical preparation across the BCA network is helping more vehicles reach the market in the right condition, giving buyers greater confidence and supporting stronger first-time conversion.”
