LCV values stutter as economic pressures continue
Following a brief recovery in September when values rose by £368 (4.1%) month-on-month to £9,247, the overall value trend in 2023 has fallen steadily since April’s highpoint. October recorded a further fall to £8,705, down by £542 (5.9%) month-on-month and the lowest average monthly LCV value recorded since December 2020, when the UK was in-between lockdowns.