2024 marked a historic year for BCA’s light commercial vehicle (LCV) sales, with the UK’s largest wholesale LCV sales programme surpassing 100,000 units sold for the first time. October alone saw over 10,000 LCVs sold, contributing to a record-breaking year.
As the year drew to a close, LCV values stabilised, according to the latest BCA Valuations data. Despite pricing volatility throughout much of 2024 — driven by shifts in stock mix and condition due to extended contracts — values improved during the early autumn months and remained steady into November and December.
In December, LCV values at BCA averaged £7,187, consistently outperforming guide price expectations at 100.4% of CAP. The company also reported its busiest festive trading period on record, with four days of sales between Christmas and New Year. Buyers competed strongly for stock via BCA Online and the Bid Now, Buy Now platform.
BCA’s commitment to enhancing its LCV grading process and investing in both cosmetic and mechanical preparation ensured more vehicles were presented in optimal condition, driving first-time sales.
Stuart Pearson, BCA COO UK, reflected on the year: “2024 will likely be remembered as a challenging year for used LCVs, with pricing volatility from Easter onwards only settling in the final months. However, it also highlighted the efficiency of our online remarketing programmes, enabling us to sell over 100,000 LCVs for the first time.”
He added, “We invested significantly in our LCV products and services, ensuring customers had access to live pricing and detailed vehicle condition information. Preparing more vehicles to optimal condition pre-sale also supported our record sales volume.”
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Looking ahead, Pearson noted a strong start to 2025 for the LCV wholesale market, with demand remaining sensitive to price and condition. BCA’s Online Commercial Vehicle sales programme, operating seven days a week, alongside tailored LCV sector services, ensures sellers have the tools to remarket effectively, while buyers can source the best-condition stock conveniently.
