{"id":9276,"date":"2016-09-14T14:12:51","date_gmt":"2016-09-14T14:12:51","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=9276"},"modified":"2016-09-14T14:15:28","modified_gmt":"2016-09-14T14:15:28","slug":"used-van-prices-set-6000-record-in-august-bca","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/9276","title":{"rendered":"Used van prices set \u00a36,000+ record in August &#8212; BCA"},"content":{"rendered":"<p>Used van prices at BCA set a new\u00a0record in August, rising\u00a0over \u00a36,000 for the first time to \u00a36,089. That&#8217;s 2.6% (\u00a3158) more than <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/9196\">in July<\/a>, and 10.5% (\u00a3582) more than\u00a0in August 2015.<\/p>\n<p>Of course, vehicle mix and average age will have affected this high price. Vans sold last month were on average two months younger and\u00a0had 5,000\u00a0fewer miles on the clock than\u00a0in August 2015:<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"107\"><strong>All vans<\/strong><\/td>\n<td width=\"125\"><strong>Avg Age (mnths)<\/strong><\/td>\n<td width=\"95\"><strong>Avg Mileage<\/strong><\/td>\n<td width=\"101\"><strong>Avg Value<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"107\"><strong>August 2015<\/strong><\/td>\n<td width=\"125\">55.78<\/td>\n<td width=\"95\">75,763<\/td>\n<td width=\"101\">\u00a35,507<\/td>\n<\/tr>\n<tr>\n<td width=\"107\"><strong>August 2016<\/strong><\/td>\n<td width=\"125\">53.66<\/td>\n<td width=\"95\">70,853<\/td>\n<td width=\"101\">\u00a36,089<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Data courtesy of BCA<\/em><\/p>\n<p>BCA\u2019s Head of Commercial Vehicles, Duncan Ward, commented:<\/p>\n<blockquote><p>\u201cThe LCV market in August was particularly strong at BCA considering the holiday season was still in full swing. Conversion rates improved and demand was significantly stronger than we had seen in July.\u201d<\/p><\/blockquote>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-9277\" src=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2016\/09\/bca-auction-37-sm.jpg\" alt=\"BCA van auction\" width=\"600\" height=\"367\" srcset=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2016\/09\/bca-auction-37-sm.jpg 600w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2016\/09\/bca-auction-37-sm-300x184.jpg 300w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2016\/09\/bca-auction-37-sm-50x31.jpg 50w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>August&#8217;s rise was the result of a sharp rise in\u00a0values for vans sold as part-exchange vehicles.\u00a0The average\u00a0price of a part-ex\u00a0van rose by \u00a3282 to more than \u00a34,000 in August.<\/p>\n<p>In contrast the\u00a0average value of ex-fleet and lease vans rose by just \u00a31 in August.\u00a0These 3-4 year old vehicles form a large part of the used van market and are perhaps the most liquid and consistent indicator of market conditions.<\/p>\n<p>Condition remained\u00a0as important as ever in terms of securing a decent price, but Duncan Ward also commented that with wholesale volumes rising,\u00a0<em>&#8220;there is no room for complacency&#8221; &#8212;<\/em> despite recent price rises.<\/p>\n<p>I&#8217;d take this to mean that Mr Ward believes prices are unlikely to rise further and could fall &#8212; but we&#8217;ll know more when September&#8217;s sales figures go through.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average price of a used van hit a new record of \u00a36,089 at BCA in August &#8212; but will high volumes put a dampener on prices this autumn?<\/p>\n","protected":false},"author":2,"featured_media":9277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[624,1885],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9276"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=9276"}],"version-history":[{"count":4,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9276\/revisions"}],"predecessor-version":[{"id":9281,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9276\/revisions\/9281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media\/9277"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=9276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=9276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=9276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}