Year-on-year table: fleet & lease vans
Fleet/Lease | Avg Age (months) | Avg Mileage | Avg Value | Sale vs CAP | Sale vs MRP |
July 2012 | 44.50 | 71,787 | £5029 | 99.78% | 31.96% |
July 2013 | 42.70 | 69,593 | £5782 | 100.83% | 35.62% |
Van part-exchange values recovered dramatically achieving £3,266, an increase of £230 (7.5%) – the third highest monthly value on record. CAP comparisons improved to 102.55% and continue to outperform the fleet & lease sector.
Year-on-year values stayed ahead by £563 (20.8%) although average age and mileage were almost 4,000 higher compared with July 2012.
Year-on-year table: part-ex vans
Part-Ex |
Avg Age (months) |
Avg Mileage |
Avg Value |
Sale vs CAP |
July 2012 |
78.12 |
93,935 |
£2703 |
98.85% |
July 2013 |
78.21 |
97,726 |
£3266 |
102.55% |
The used van value of nearly new LCVs rose in July by £575 to £12,841, a 4.6% increase, returning to almost exactly where they were two months ago.
CAP performance was marginally better at 100.03%. But this should be taken in the context of very low volumes coming to the market and the model mix dynamic.
Nearly-new | Avg Age (months) | Avg Mileage | Avg Value | Sale vs CAP |
July 2013 | 8.53 | 8,446 | £12,816 | 100.03% |
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