While LCV pricing has been volatile for much of 2024 – affected by the changing mix and condition of stock reaching the used sector following extended contracts – values improved during the early autumn months and remained stable into November and December, says BCA.
LCV values at BCA averaged £7,187 in December and continued to outperform guide price expectations, averaging 100.4% across the month.
Stuart Pearson, BCA UK’s chief operating officer, said: “2024 will likely be remembered as a difficult year for used LCVs, with pricing volatility from Easter onwards, only settling down towards the last few months of the year. The LCV wholesale market has got off to a strong start in 2025, although demand remains sensitive to price and condition.”
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