Used vans experience popularity rush
07 April 2009
A surge in demand has hit the used van market after several months of low interest in new examples, according to vehicle valuers Glass's.
Glass's has put the rise in interest down to a shortage of used stock, caused by a low recent level of new registrations.
George Alexander, the guide's editor, also cited private buyers bidding against the trade, which then pushes up the final selling price.
Light commercial vehicles have been most popular, with demand outstripping supply for supermini derived vans such as the Renault Clio and Vauxhall Corsa.
Bigger vans, such as the Peugeot Expert and Citroen Dispatch have also been in favour.
Larger panel vans have been less in demand, with only low mileage examples in good condition attracting much interest.
"A marketplace hungry for vans ensures that there is plenty of hammer action across the auction halls, with exceptionally high conversion rates," said Alexander.
"Examples of well-presented, low-mileage lots are proving to be high on the buyer's wish list."