The average price of a used van sold in December at auctioneer BCA was £6,376, virtually unchanged on October’s figure of £6,378.
The latest figures from remarketing specialists BCA shows that used van values are now 10% higher than they were twelve months ago — an increase that equates to an average rise of £599. As we’ve seen for many months now, the trend towards younger, lower mileage vans continued in November — one reason why prices are remaining firm:
| All vans | Avg Age (mnths) | Avg Mileage | Avg Value |
| Nov 2015 | 55.75 | 75,764 | £5,777 |
| Nov 2016 | 54.27 | 71,203 | £6,376 |
Source: BCA
Duncan Ward, BCA’s Head of Commercial Vehicles, says that demand remains strong for quality used vans. He says that demand was also strong from non-trade buyers ahead of the festive season:
“Non-trade buyers have also been active in recent weeks and this has had a notable effect on performance in the dealer part-exchange sector where values have been climbing since the onset of autumn. There is continued demand for vehicles to go straight to work in the parcel delivery and courier sectors to meet the needs of the online retailers.”
Here’s a snapshot of how ex-fleet/lease and dealer part-exchange prices have changed over the last year:
BCA Used LCV prices Nov 2015-16 (source: BCA)