This statistic shows the average difference in price of light commercial vehicles sold at auction relative to their original price when sold new in the United Kingdom (UK) in January 2016, according to their age group. LCVs aged less than two years when they were sold at auction had, on average, already lost almost half of the value since they were first purchased. This loss of value increased with age so that vehicles older than six years were worth, on average, only 16 percent of their original value.
Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age
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Statistics
Retail Motor Industry Federation . (February 16, 2015). Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/
Retail Motor Industry Federation . "Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age." Chart. February 16, 2015. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/
Retail Motor Industry Federation . (2015). Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age. Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/
Retail Motor Industry Federation . "Value Loss Relative to Original Price of Light Commercial Vehicles Sold at Auction in The United Kingdom (Uk) in January 2016, by Vehicle Age." Statista, Statista Inc., 16 Feb 2015, https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/
Retail Motor Industry Federation , Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age Statista, https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/ (last visited April 25, 2024)
Value loss relative to original price of light commercial vehicles sold at auction in the United Kingdom (UK) in January 2016, by vehicle age [Graph], Retail Motor Industry Federation , February 16, 2015. [Online]. Available: https://www.statista.com/statistics/318495/auctioned-lcv-original-value-loss-by-age-united-kingdom/