Year-on-year table: business and lease vans
Fleet/Lease | Avg Age (mnths) | Avg Mileage | Avg Value | Sale vs CAP | Sale vs MRP |
Jan 2013 | 44.65 | 73,154 | £5437 | 101.50% | 32.7% |
Jan 2014 | 40.80 | 69,044 | £6454 | 101.92% | 36.83% |
After a sharp increase in December in the dealer part-exchange sector, used values were up again in January, to £3,752. This was a rise of just £29 (0.7%) compared with December, although enough to establish another record monthly value.
CAP comparisons improved half a point to 103.40%, compared with December, and continue to outperform the fleet & lease sector. Year-on-year values stay ahead by £556 or 17.3%. Average age increased while mileage declined compared with 12 months ago.
Year-on-year table: part-ex vans
Part-Ex | Avg Age (mnths) | Avg Mileage | Avg Value | Sale vs CAP |
Jan 2013 | 77.69 | 95,136 | £3,196 | 104.80% |
Jan 2014 | 79.41 | 94,028 | £3,752 | 103.40% |
The value of nearly-new LCVs fell from December’s high of £14,605 to £13,059 in January, with CAP performance also down to 98.00% from 103.31%. This reflects the very low volumes reaching the market and the model mix.
Nearly-new
Nearly-new | Avg Age (mnths) | Avg Mileage | Avg Value | Sale vs CAP |
Jan 2014 | 8.96 | 17,822 | £13,059 | 98.00% |
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