cap hpi extends used van residual forecasts to 200,000 miles

200,000 miles - that's the top end of the mileage range cap hpi now runs its used-LCV residual forecasts against, alongside valuations in both pounds and percentage of list price for terms of twelve to sixty months. For fleets running vans hard on last-mile and multi-drop work, that's a forecasting ceiling that now reaches properly into high-mileage disposal territory. (cap hpi)

The mileage and term detail sits inside cap hpi's wider August update, which restructures its commercial vehicle RV commentary into five sections: forecast changes, market conditions, historic forecast accuracy, methodology and products, and a sector reforecast schedule for 2026/27. That last section matters on its own - it tells fleets and lessors when specific van and pickup sectors are next due a formal RV review, rather than leaving them guessing. (cap hpi)

Why this matters: If your disposal plan assumes mileages beyond the old forecasting ceiling, check where your fleet sits against the new 200,000-mile band before setting contract mileage caps or end-of-term charges - and flag the reforecast schedule to your leasing provider so residuals on any sector due a review this year aren't taken as gospel too far in advance.