Demand for light commercial vehicles remained positive during May with values remaining on a par with those seen earlier in the year, according to BCA’s latest data.
LCV values at BCA averaged £7,972 in May 2025, down by just £18 over the month and just behind the values seen a year ago. Values continue to stabilise after the falls experienced in 2024 and across the first five months of this year, LCVs at BCA have averaged sold values of just under £8,000.
Sold LCV volumes exceeded 9,000 across the month as sale conversions remained strong, supported by extremely competitive bidding for the best-presented stock.
Once again, LCV values outperformed guide price expectations – as they have throughout 2025 – averaging 101.5% across the month.
The strong used sector is something of a contrast to new LCV sales, with the SMMT reporting that new light commercial vehicle registrations fell -11.8% in May, to record the sixth monthly decline in a row.
Anecdotally, BCA’s customers continue to report good levels of demand for LCVs at retail, although sourcing superior quality stock remains challenging and the wholesale sector remains particularly competitive for lower mileage vehicles in the best condition. Many retailers continue to operate with lower levels of forecourt inventory and have also widened their product profile to fill the gaps.
Stuart Pearson, BCA COO UK commented, “Buyer customers remain hungry for stock, and we continue to refine our online sales programme to meet their needs. We hold our LCV online sales programme across seven days a week because that is what our customers want. The choices that the programme brings allows them, no matter what their size, to balance their purchasing requirements with the day-to-day needs of running their businesses.”
He added, “Once again, any notion of when prime time is for selling a commercial vehicle has shifted significantly, with some of the most competitive sales activity, conversion and values achieved being seen across our weekend LCV sales.”
Pearson continued, “Quality stock will always demand a premium, but with plenty of base spec LCVs available in the marketplace, the best results continue to be achieved by those sellers who take a pragmatic approach to investing in the right level of preparation, supported by the data that validates the decisions being made.”
He closed “We continue to work closely with our customers to ensure that we’re presenting them with live market pricing to support their decision making, ensuring buyers and sellers remain aligned and inventory keeps turning.”
