Average used LCV values at BCA settled at £8,131 in April, following March’s two-year high of £8,727.
The remarketing group said sold values remained £141 ahead of April 2025 levels, representing a year-on-year increase of 1.8%.
Values also outperformed price guide expectations by 2.8 percentage points.
BCA said buyer demand remained strong throughout April, with buyer numbers continuing to run ahead of levels recorded across 2025.
The business added that conversion rates and sold volumes also stayed elevated, supported by ongoing retail demand for quality used vans.
Lower-mileage and well-specified vehicles continued to attract the strongest buyer interest.
Stable demand after strong Easter period
Stuart Pearson, chief operating officer UK at BCA, said the LCV market had maintained stable demand following a stronger-than-expected Easter trading period.
He said: “The light commercial vehicle sector has settled into a steady pattern of demand following a stronger than expected Easter period when both sold volumes and values rose compared to previous years.
“BCA’s exclusive seven-days-a-week online sales programme continues to provide buyers with access to stock when they need it, even if that is during times when traditional remarketing providers choose not to hold sales.”
BCA said condition continued to be the key factor influencing buyer demand across the used van sector.
Pearson said: “Condition remains the driver of demand for LCVs and we continue to see exceptional levels of interest for well presented, lower mileage vehicles as well as improving interest for electric LCVs as confidence grows in the sector.”
Pearson said there was growing evidence of a two-tier market emerging, with older and higher-mileage vehicles becoming less desirable.
He said: “Correspondingly, we are seeing some evidence of a two-tier market developing as older, higher mileage vehicles, typically in poorer condition are proving less desirable and it is critical that sellers take a pragmatic approach to pricing, as well as investing in appropriate refurbishment to broaden the potential buyer audience.”
Looking ahead, BCA said trading conditions had remained consistent into May.
Pearson added: “The LCV market has continued in a similar fashion into May, with buyers gravitating towards those sales where vendors are realistic about prices, and decisive when it comes to provisionals.
“More of the same is expected in the weeks ahead, and we continue to advise customers to stay close to the detail and make use of all of the pricing tools available.”