Used van values rise by 13.8% at BCA

Performance against guide price expectations also strengthened, climbing by two percentage points to 107.6% – the highest figure recorded so far this year. BCA sold more than 8,500 LCVs during August, traditionally one of the quieter months for trading. Over 2,500 different buyers purchased stock, reflecting competitive demand for the best-presented vehicles.

Across the year to date, average used LCV values at BCA have stood at £7,974, equal to 103.8% of guide price expectations, with more than 7,800 individual buyers active.

Stuart Pearson, BCA COO UK, said: “August results were supported by some incredible buyer engagement, with confident bidding and rising values across the board. Stock churn improved, keeping sale entries very clean and with new sales still under pressure, professional buyers remain laser-focused on acquisition to fill forecourt gaps.

“Condition is still king and while retail customers demand quality, many buyers are further stretching their parameters to include higher-mileage or older vehicles if they’re clean enough for the forecourt.

“With our online commercial sales running seven days a week and offering the largest volume and widest choice anywhere, we’re meeting more buyer needs and driving stronger results for our sellers.

“With demand holding firm and competition intensifying, August’s performance suggests that the used LCV market could strengthen further as we head into autumn.”