Seasonal pressure but fleet & lease stock outperforms wider market
The used car market reacted to the typical seasonal pressures as values fell in the post-Easter period. Average monthly used car values fell by £375 (6.2%) in April compared to March according to BCA’s latest Pulse Report.
Month-on-month values fell in all three main market-sectors, although fleet/lease values experienced the least pressure with a fall of 1.9%, compared to a 3.1% reverse in part-exchange values and a 5.2% fall in the nearly-new sector – a decline resulting from changing model-mix in a low volume sector.
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