{"id":2148,"date":"2015-06-12T16:00:49","date_gmt":"2015-06-12T16:00:49","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=2148"},"modified":"2015-06-12T16:00:49","modified_gmt":"2015-06-12T16:00:49","slug":"average-values-light-commercial-vehicles-rose-50-may-5558-rise-0-9-compared-april-according-bca","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/average-values-light-commercial-vehicles-rose-50-may-5558-rise-0-9-compared-april-according-bca\/","title":{"rendered":"Average values for light commercial vehicles rose by \u00a350 in May to \u00a35,558, a rise of 0.9% compared to April, according to BCA."},"content":{"rendered":"

Fleet and lease values fell marginally, while part-exchange values improved significantly over the month.\u00a0 Nearly-new values rose to the highest point this year.<\/p>\n

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Year-on-year, average values were down by \u00a329 (0.5%) compared to April 2014, with both age and mileage slightly higher in 2015.\u00a0 Performance against CAP improved by two points compared to 2014.\u00a0<\/span><\/p>\n

BCA\u2019s head of commercial vehicles Duncan Ward said: \u201cWhile average values have stopped their meteoric year-on-year climb as volume has returned to the marketplace, demand has remained steady.\u00a0 Buyers compete strongly for good condition, later plate vehicles, and any unusual or scarce derivatives will find a ready audience.\u00a0 Condition is key to success, however, and buyers expect to see a full service history.<\/p>\n

\u201cPoor condition stock, or readily available models in corporate colours need to be sensibly valued to sell first time as the competition is fierce for the buyer\u2019s wallet.\u201d<\/p>\n

Values for fleet and lease LCVs averaged \u00a36,447 in May \u2013 a fall of \u00a312 (0.2%) compared to April.\u00a0 \u00a0CAP performance improved to 101.26% and retained value against Manufacturer Recommended Price was static at 35.6%.\u00a0\u00a0 Year-on-year, values were down by \u00a3352 (5.1%).<\/p>\n

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There was a significant \u00a3240 (6.7%) increase in part-exchange LCV values in May compared to April, as values reached their highest point this year.\u00a0 \u00a0\u00a0CAP average comparisons rose by nearly two points to 104.2% and continue to outperform the fleet & lease sector by some margin.\u00a0 \u00a0\u00a0Year-on-year values were ahead by \u00a322, despite the average PX van being both older and higher mileage in 2015.\u00a0 \u00a0CAP performance was up, year-on-year.\"\"<\/p>\n

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Nearly-new LCV values averaged \u00a314,338 in May \u2013 an increase of \u00a3902 compared to April and the highest value recorded since March 2014.\u00a0 CAP comparisons improved to 99.26%. \u00a0As always, this has to be taken in the context of the very low volumes reaching the market and the model mix factor, as well as the increasing availability of \u2018new shape\u2019 models reaching the used market. \u00a0<\/span><\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Fleet and lease values fell marginally, while part-exchange values improved Read More…<\/a><\/p>\n","protected":false},"author":4,"featured_media":71,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[28,164],"class_list":["post-2148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-bca","tag-lcv"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/2148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=2148"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/2148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=2148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=2148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=2148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}