February is usually one of the quietest months for sales, but this year the picture looks different. Dean Bowkett reports.
Having fallen in January, fleet and lease LCVs rose in value in February as demand remained high and volumes eased slightly.
Prices rise claim auction houses, but trade guides report declines, Dean Bowkett discovers.
BCA has launched a new commercial vehicle auction programme with new regular sales starting in Blackbushe, Glasgow and Wolverhampton.
Average light commercial vehicle values continued to rise at BCA in December, with the headline figure reaching a new record level of £6,976.
This month's remarketing insight shows that the retail and construction sectors have boosted the LCV demand, Dean Bowkett reports.
Values of ex-fleet and lease LCVs rose £293 (3.9%) at BCA in October to a record £7,784.
Approach of Christmas is expected to boost LCV sales as home deliveries demand increases, Dean Bowkett reports.
BCA has reported that average used light commercial vehicle (LCV) values in the fleet and lease sector climbed to a record level in September.
Average values of ex-fleet and lease LCVs fell £124 (1.7%) to £7,052 in August, having been essentially static for the previous three months.
Average light commercial vehicle values rose in July, as supply and demand remained well balanced.
For the third time in five weeks, BCA Belle Vue Manchester has set a new volume sales record for LCVs.
Uncertainty following the general election created patchy buyer activity for used vans in May but BCA and Manheim Auctions reported improved average sale prices year-on-year.
BCA Belle Vue Manchester set a new volume record on July 5, selling more than 400 light commercials in one day.
Average light commercial vehicle values remained steady during June, with the headline value rising by just £7 over the month, although fleet and values fell.
Calling of snap general election also had some impact though not as much as the EU referendum.
The average value of ex-fleet and lease vans sold at BCA rose £88 to £7,179 in May, 1.2% higher than in April.
Buying on the net hits record levels at BCA and Manheim, close to 40% and 34% respectively
Light commercial vehicle values fell slightly in March but remain at near record levels.
Work is continuing apace in Belle Vue, Manchester, where BCA is developing a new commercial vehicle remarketing centre.