Van prices continued to rise in September, according to British
Car Auctions (BCA) figures.
With an average value of £3,862, used light commercial vehicles
increased by £117 – over 3 percent – month on month. Values are now
on a par with the peak recorded in January 2008, the auctioneer
said.
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Duncan Ward, BCA’s general manager for CVs, said: “We expected
September values to be strong and that has certainly proved to be
the case. With supplies of good retail quality vans remaining
limited in September, prices remained very firm indeed.”
However, he added that September values traditionally represent
a peak in the annual price cycle, and as a consequence it is
unlikely for values to keep on rising.
He said: “If supplies begin to increase significantly from
corporate and dealer sources we could be seeing the current peak of
market values – and it could be that values settle a little between
now and Christmas.”
Antonio Fabrizio
