Future Light Commercial Vehicle Overview New Coms March 26
This is the cap guide to future residual values for light commercial vehicles. Individual forecasts are provided in pounds and percentage of list price for periods of twelve to sixty months with mileage calculations up to 200,000.
Monthly Wrap-Up This month has seen a few new introductions following new releases to the market, including a returning player in the Lifestyle SUV sector. It comes as no surprise that we are seeing further additions to OEM’s BEV offerings every month. A trend we are anticipating continuing and increasing in volume, the drive towards BEC LCVs is ever-present as we draw nearer to the ZEV Mandate deadline. The push to make BEV alternatives more appealing to customers continues, with OEMs mirroring the specifications. Notably this month, we’ve seen the introduction of the Volkswagen Transporter Commerce Pro S in both ICE and BEV powertrains, as well as the Ford Explorer van boosting the offerings further for the LCV van sector. We have also seen the return of the Mitsubishi L200 into the Lifestyle SUV market.
Despite the taxation changes affecting this sector, coupled with further additions from the Ford Ranger, new offerings within this landscape are seemingly not slowing down.
This month was a smaller month for reforecasting, focusing on the Workhorse and Lifestyle SUV sectors. With a visible recent decrease in registrations across this sector, it is too early to determine what effect this will have on the future values. With markets relatively stable and an uptick at the start of the year, coupled with the additions we are seeing coming through, we are certainly seeing more stability in this landscape.
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