Fleet & Lease values hit another new record

Average values for fleet & lease reached record levels again at BCA in October 2018, as demand continued to drive up values.

Published following recent conjecture that WLTP disruption to new car sales could benefit the used car market, the BCA figures show average fleet & lease values improved in October by £31 compared to the previous month, to reach £11,902 – the sixth time a new monthly record value has been achieved in 2018. The retained value against original MRP (Manufacturers Retail Price) was steady at 45.32%. Year-on-year values improved by £1,046 or 9.6% over the year, with age rising and mileage falling.

BCA Marketplace PLC (LON:BCA), together with its subsidiaries, owns and operates a used vehicle exchange in Europe. It operates through Vehicle Remarketing, Vehicle Buying, and Automotive Services segments.

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