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BCA Celebrates All-time High For LCV Values

BCA has revealed that light commercial vehicles (LCVs) hit an all-time high this previous January. Prices hit £7,636 which was a £343 (4.7%) increase from their December 2019 figures.

Fleet and leased LCVs averaged out at £852, increased by £199 (2.3%) compared to December, and is also the highest ever monthly value recorder for corporate LCV stock at BCA. Year-on-year, LCV prices are up £307 (4.2%).

Part exchanged LCVs which were valued on average at £4,788, £222 (4.9%) up from December, and again breaking BCA’s record for dealer-sourced LCVs. Year-on-year, this has increased by £34.

Only one category experienced a decline in January, which was the nearly-new LCV stock. Here, values averaged £17,356 on December’s figure of £17,417 (down by £61). Year-on-year, however, nearly-new LCVs are up by £149.

The year got off to a flying start

Stuart Pearson, chief operating officer of BCA UK Remarking said:

“The year got off to a flying start with outstanding engagement across all LCV events with confident bidding from both physical and digital bidders. 

“New records were set both in-lane and online with consistent demand across all product sectors, driving the strong values in this month’s BCA Pulse report.

“Online trading plays a significant role for professional LCV buyers and the BCA Buyer app is proving a highly successful addition to BCA’s suite of remarketing tools, creating a digital journey to support buyers whether attending physically or joining remotely.”

Click Dealer is the preferred performance partner for over 1,500 automotive dealerships. If you’d like to find out more about how Click Dealer can help your business, please get in touch with us on 01782 478 220 or by email using marketing@clickdealer.co.uk



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