BCA reports rising used car values in January

Date:
12 February 2021
  |  
Author: Sean Keywood
Used car values were up in January despite the UK re-imposing Covid-19 lockdown measures, according to auction firm BCA.
It says the average sale price during the month, of £8,464, is the third highest seen since the start of the pandemic, and £154 up on December.
BCA COO for UK remarketing Stuart Pearson said: "While it hasn't been the January that most in the industry would have hoped for, performance has been solid across most sectors and BCA has seen record numbers of buyers joining our online sales.
"We've seen particularly strength in the dealer part-exchange and 'Top Car' sectors, which echoes back to the buying trends we reported on during the first lockdown.  However, the difference in the current lockdown is the sheer volume of buyers who are trading safely and in line with government legislation." 

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