The average auction sale value of a used van rose by £123 to £5,777 in November, according to auctioneers BCA:
| All vans | Avg Age (mnths) | Avg Mileage | Avg Value | Sale vs CAP |
| Nov 2014 | 57.75 | 78,858 | £5,615 | 102.71% |
| Nov 2015 | 55.75 | 75,764 | £5,777 | 100.17% |
Data courtesy of BCA
The figure is 2.1% higher than October and 2.8% higher than November 2014. However, this isn’t necessarily as inflationary as it seems.
On average, vans sold by BCA in November were two months younger and had driven 2,000 miles fewer than in November last year. Once these factors are adjusted for I’d guess that prices were probably fairly flat, in real terms.
The decreasing age and mileage profile of the used vans going through BCA’s salerooms does suggest that the backlog of older vans which were not replaced during the recession is now starting to disappear. If the average age continues to fall, then I think it’s reasonable to assume that fleet replacement cycles are getting back to normal.