Light commercial vehicle (LCV) values have continued their upward trajectory in early 2025, according to the latest BCA data. Average LCV prices have now risen for two consecutive months, with values in February reaching £7,998—up £274 from January’s £7,724 and more than £800 higher than December’s figures.
The February average represents a 3.5% month-on-month increase and is the highest monthly LCV value recorded since May 2024. It also marks a significant recovery from August last year, when values dipped below £7,000 for the first time since 2019.
LCVs at BCA continued to outperform guide price expectations, averaging 103.7% across the month—up 3.3 percentage points since the start of the year. Buyer engagement has been strong, with demand expected to remain high as many customers report low inventory levels.
Sales volumes also surged, with BCA selling more than 10,000 LCVs in February. BCA COO UK Stuart Pearson highlighted the confidence in the market, stating, “Currently there is a level of confidence in the LCV market that has produced some exceptional results, fuelled by a very attractive mix of stock and some very strong buyer engagement.”
He noted that despite increased volume, pricing remained resilient. “Increased volume can often dilute pricing, however in a month where more than 10,000 LCVs were sold at BCA, real values increased and guide price performance lifted.”
Pearson attributed this strength to BCA’s investment in LCV products and services, explaining, “Due to our significant investment in LCV products and services, we’re able to ensure that our customers have access to up-to-date live LCV pricing information along with a greater depth of information around vehicle condition. Combine this with the science that supports investment in the optimal level of refurbishment, our aim is to generate more first-time sales for our customers and place stock into the market that is ready to be retailed.”
While acknowledging potential pressures around the Easter period, Pearson suggested a more stable market outlook for 2025. “Whilst only a few weeks into the new year, there’s a very healthy balance between supply and demand, which is welcome news for both sellers and buyers alike. March trading has continued with a similar pattern and whilst we could see some pressure as we move over the Easter period, following the sharp drop in values during 2024, the expectation is for a calmer and more predictable marketplace than experienced last year.”
