The UK's light commercial vehicle (LCV) sector continues to witness values well ahead of this time last year, new data published as part of the latest Pulse update from British Car Auctions (BCA) has revealed.

Average LCV values in July this year stood at £4,772 – significantly higher than the £4,229 recorded in July 2012 and the previous year's £4,130. However, the sector saw just a £6 rise from June this year, although this upward momentum does put an end to two months of falls for the market.

Duncan Ward, BCA's general manager for commercial vehicles, commented: "The summer holiday period is typically a weaker time for demand but values have been maintained at a similar level to last month largely as a result of the low levels of supply."

He added more dealer part-exchange sources are outperforming the rest of the market at present, while vans in poorer condition are witnessing a considerable drop-off in value.

 

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