Fleet values at record levels, report BCA
By Kyle Lindsay
Thursday, October 3, 2013 - 16:00
RECORD: Fleet values at all-time high
Average values for defleeted cars sold at auction are at an all-time record level, BCA’s latest Pulse report has found.
Fleet and lease values averaged £9,182 in September, achieving a record value for the second consecutive month and for the seventh time in the past 12months.
Values improved by £184 (2%) compared to August and are up by £843 (10.1%) year-on-year.
CAP performance improved for the fourth month running to 98.64%, while retained value against original MRP (Manufacturers Retail Price) rose by a point to 42.93%.
The average age recorded was 39.8months, with the average mileage at 44,700.