Average light commercial vehicle values at BCA climbed to the second highest point on record in September, with both corporate and dealer vendors seeing average values rise to record levels. The month was typified by strong attendance and confident bidding across BCA’s network of LCV centres, both in-lane and online.
The headline value improved sharply over the month, rising from £7,180 to £7,568, a £388 increase equivalent to a 5.4% uplift, the highest value since April 2018 and the second highest on record. The longer-term trend continues to show significant and sustained value growth across the LCV sector, with year-on-year values ahead by £1,007, a 15.1% increase. Online sales of LCVs continue to rise, with BCA reporting over 44% of all sales to online bidders during September.