LCV values hit pandemic high

Average LCV values at BCA in December were the highest since the onset of the pandemic in March 2020.

It recorded average used LCV values of £8,571 in December, an increase of £73 on the November figure.

Conversion rates also remained high, averaging in excess of 80% during December.

Stuart Pearson, BCA COO UK remarketing, said: “In the weeks running up to Christmas, we saw a significant rise in demand for LCVs to meet the needs of the home delivery sector. The high levels of demand have continued into 2021 and it is likely this will be maintained while the UK remains in lockdown conditions.”

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