The National Association of Motor Auctions’ (NAMA) is launching its new LCV grading standard to help dealers determine the quality of the defleeted vans and pick-ups they're considering buying for stock.

This initiative builds on the success of the NAMA car grading standard, which has been in place since 2013.

More than 90% of the sector’s vehicles are now sold using the scheme, equating to over 10 million used cars sold.

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