We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
Stock shortages are driving up used light commercial vehicle prices, with auction group Manheim recording a 4.8% increase last month, compared with August, while year-on-year prices for September are up 19.3%.
The average wholesale used van price now sits at £3429, according to Manheim, with an average age up two months to 56 and mileage up 1674 miles to 73,092.
"This year we are selling vans faster and for more money as volumes have reduced by 13% compared with September last year," said Alex Wright, Manheim's commercial vehicle sales director. "Many vendors believe that used wholesale van volume will begin to increase, possibly as early as December. However, as economic uncertainty recedes, there could be a return in confidence with the self-employed sector, which could boost demand and help protect values."
Manheim reported that car derived vans were up 8.4% and large panel vans by 3.1%, while box and Luton vans were down 14.9% and car vans dropped 7.1%.
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
