The average value of used LCVs at auction across the board decreased by nearly 3% between February and March.
According to data published by the National Association of Motor Auctions (NAMA), average values fell by 2.7% from £4,479 to £4.623. Volumes saw a 7.2% increase, and the average age of LCV’s sold at auction rose to 70.1 months.
The average number of days that LCVs remained on site declined to 14.9 days, and the average mileage decreased from 82,650 to 82,232 miles.
At £4,623, the average price paid for LCVs in March fell by £126 (-2.7%) which is a fall of £171 (-3.6%) over the past 12 months.
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