Retail demand for vans ‘stays upbeat’ inflicting common LCV values to hit £10,000 in March, the very best level since July final yr.
Common LCV values rose by £126 in March in comparison with February, to achieve £9,977 and bought volumes “improved considerably” in response to the newest figures from BCA.
Stuart Pearson, BCA COO UK commented: “BCA operates the biggest wholesale LCV market within the UK, with the best collection of autos from the widest variety of distributors and with on-line occasions happening seven days every week.
“Our knowledge reveals enhancing common values, wonderful purchaser engagement and rising volumes of LCVs bought in the course of the first quarter of 2023, a extra optimistic gross sales efficiency than many may need anticipated given the tough financial situations that proceed to impression the small enterprise sectors.”
He added “Retail demand stays upbeat in response to anecdotal experiences from skilled patrons and that is serving to to assist secure values within the wholesale used LCV sector.
Pearson continued “We proceed to refine the digital journey for our clients and we’ve delivered new enhancements in latest weeks to assist multi-vehicle supply bookings, together with additional enabling the usage of BCA’s digital gross sales collateral to assist clients with their very own on-line advertising content material.”
He concluded “We stay focussed on utilizing scale and innovation to create elevated efficiencies for our clients by way of each step of their promoting and shopping for with BCA.”