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%