Record-breaking year for used LCV sales

BCA has reported a record-breaking year for used light commercial vehicle (LCV) sales last year.

More than 100,000 used vehicles were sold via its wholesale LCV sales programme, with more than 10,000 LCVs sold in October alone. 

Used LCV values stabilised as 2024 drew to a close, according to the latest BCA Valuations data.  

While LCV pricing has been volatile for much of 2024 - affected by the changing mix and condition of stock reaching the used sector following extended contracts - values improved during the early autumn months and remained stable into November and December, says BCA.

LCV values at BCA averaged £7,187 in December and continued to outperform guide price expectations, averaging 100.4% across the month. 

Stuart Pearson, BCA UK’s chief operating officer, said: “2024 will likely be remembered as a difficult year for used LCVs, with pricing volatility from Easter onwards only settling down towards the last few months of the year.”

He added: “The LCV wholesale market has got off to a strong start in 2025, although demand remains sensitive to price and condition.”