Electric vans now feature in Aston Barclay's Light Commercial Vehicle (LCV) desirability index, reflecting their growing appeal in the used vehicle market.
Values of used vans rose for the first time this year during Q3, figures from Aston Barclay show.
The average cost of a used van or LCV sold in BCA's auctions during July was £10,220, a 4.2% rise month on month, as used car costs rose by 2.9% to £9,464.
The average selling price of vans sold in April by Manheim rose by 13.8% from the same month in 2016, to £5,154.
Average used LCV prices increase for the second month in a row thanks “largely due to the influence of a younger, lower mileage profile of vehicles”, according to BCA Pulse.
Values of used LCVs are continuing to rise despite increasing volumes of used LCVs coming to auction and record registrations of new LCVs, according to Shoreham Vehicle Auctions MD Alex Wright.
Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to the latest NAMA analysis.
Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline.
