Demand keeps LCV values ‘robust’ at BCA October 2021

October saw stability in the light commercial vehicle (LCV) market for the fifth consecutive month with values averaging £9,861 as demand matched a ‘good level’ of supply across BCA’s sales programme.

Average monthly values continue to be well ahead year-on-year, with October 2021 values being ahead of the same month last year by £2,104, equivalent to a 27.1% uplift. In contrast, values have moved by just £259 or 2.6% across the past five months.

Stuart Pearson, chief operating officer at BCA, said: “Similar new vehicle supply issues have impacted both the car and commercial vehicle marketplace in 2021, albeit the acceleration of LCV prices came much earlier in the year.