The average selling price of vans sold in April by Manheim rose by 13.8% from the same month in 2016, to £5,154.
Average used LCV prices increase for the second month in a row thanks “largely due to the influence of a younger, lower mileage profile of vehicles”, according to BCA Pulse.
Values of used LCVs are continuing to rise despite increasing volumes of used LCVs coming to auction and record registrations of new LCVs, according to Shoreham Vehicle Auctions MD Alex Wright.
Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to the latest NAMA analysis.
Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues