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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