The latest data published as part of the monthly Pulse report from British Car Auctions (BCA) has highlighted ongoing growth in average values for the UK's light commercial vehicle (LCV) stock.

Record highs were reported for September, with LCV values increasing 2.8 per cent from the preceding month to £5,158. This was an increase of £145 and brings about a 22.1 per cent uplift in the sector over the last 12 months.

Duncan Ward, BCA's general manager for commercial vehicles, commented: "The market remains very short of good quality stock and with anecdotal evidence suggesting retail activity picked up in September there was very competitive bidding right across the remarketing sector."

The average age of models for sale in the UK LCV market rose slightly to 59.3 months in September, while average mileage remained static at just over 80,000.

In particular, trade buyers were especially active in the LCV segment last month, with little sign that stock availability is likely to improve anytime in the near future.

Looking for help to eliminate Fuel fraud?

Natasha Tucker of The Fuelcard People can help you find the best fuel card for you and your business, which will help you to have the peace of mind that you are helping to eliminate the chances of fuel purchase fraud by your drivers.

The Texaco Fastfuel fuel card is just one of the many products Natasha can offer to help you and your business to increase the security of your fuel purchases.

Posted by Natasha Tucker, Account Manager, The Fuelcard People.