Tag Archives: Used vans

Demand for used vans ‘rocketed’ in December as twitchy buyers switched away from buying new. That’s the view of Shoreham Auctions which said reduced economic confidence helped strengthen the used LCV market in December and January. The market for new vans has taken a hit. Yesterday the Society of Motor Manufacturers & Trders reported new van sales down 20% due ...

Dealers are being warned that supply disruptions in the used van market will extend well into 2022. Manheim said that despite used LCV sales exceeding expectations for the fourth month in a row this year, it is urging caution and warning of future supply bottlenecks triggered by challenges within the new van market. Manheim’s latest monthly LCV market tracker for ...

Year on year registrations of new light commercials grew 6.3% in August with year to date volumes up 2.9%, according to the SMMT. August marked an 11 year high for the month with 15,385 new vehicles registered. The year to date volumes totalled 231,857. Heavy vans weighing between 2.5-3.5T saw the biggest rise, with demand growing 14.4% to account for ...

Autorola UK has become the latest company to warn of falling used values in the van market. The remarketing portal said average used prices had fallen from £11,536 in the final quarter of 2014 to £8,910 in the first quarter of 2015, a decline of £2,626 or 23%. “The used LCV market seems to have turned a corner in 2015. ...

The used van market is creaking with ageing stock as a result of companies holding onto stock for longer after the recession. New research from Manheim shows that for car derived vans, 43% of all car derived vans sold in Q1 2015 were over five years old compared to just 28% in 2010. And their average age had grown to ...

Auctions continue to see rising numbers of used vans in poor condition hitting the market putting pressure on values. BCA’s head of commercial vehicles, Duncan Ward, said: “We continue to see rising volumes of poor condition or similar model vans reaching the used market, which is creating some pressure on average values. “We have been predicting a tipping point in ...

Year-on-year demand for new vans rose by 21.7% in January with 22,049 units registered, according to the latest SMMT data. “The number of vans registered in January has once again increased, reflecting raised levels of business confidence and demand for a range of efficient, well equipped models,” said  Mike Hawes, SMMT Chief Executive. It was a good month for the ...

The average price of used vans has risen by 30% over the past six months, according to online remarketing firm Autorola.

Used van values in March grew 3.9% to £5,557 compared to February, according to the BCA Pulse report. It was the highest value since Pulse began compiling figures...

The average values of used LCVs sold at auction declined by 3.6% to £4.512 between October and November. The dip can be attributed to sales of older vehicles with higher mileages...