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A welcome boost for the market
Page 51
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For the third CONFIDENCE IN the used market is on average price for a van at auction month running, BCA says the the increase, and it's being reflected in the rising average price for light CVs, says British Car Auctions [BCA].
prices for vans have risen £427 to £3,544, The latest report from BCA says average has increased, compared to February, and is E772 up on its low point — registered in December 2008. this time by more Duncan Ward, 13CA's UK business than £400.1s development manager for CVs, says there confidence is a lot more confidence in the used LCV returning to market in 2009. "The recovery in the fleet the market? and lease sector is significant, since it is Words; Kelm Swallow by far the biggest volume provider into the used market." he says.
"Sourcing stock is dealers' biggest issue to meet improved demand, and more competition is keeping values keen," The part-exchange market has seen prices increase by £50 to £1,935, although volumes remain subdued as dealers retail these vehicles, rather than trade them.
The lot of late-year vans continues to improve, and average prices in March were up £552, to £8.991, although its year-on-year comparison is down by almost £2,000, which is a clearer indication of how that sector of the used market has slumped. •