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Fleet values at record levels, report BCA

By Kyle Lindsay
Thursday, October 3, 2013 - 16:00

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BCA-British Car Auctions-fleet news

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.

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