Delays to new van deliveries are helping drive used values to record-breaking levels as fleets
hold on to vehicles longer and demand outstrips supply.
There were 30,440 new vans registered in April, the highest-ever total for the month since records began, according to new figures from the SMMT.
Prices for used vans are expected to rise in the coming weeks as new vehicle supply is affected by the global semiconductor crisis.
Average LCV values at BCA rose from £7,709 in August to £7,994 in September, a 3.7% rise and the second highest value recorded since lockdown.
Used van prices sold through Aston Barclay rose 4.2% (£255) to £6,204 in Q3 – an increase of 26% compared to Q1.
Being ‘fit for purpose’ is not the only consideration when speccing vans
Used van prices have reached an all-time high in July as demand for used stock increases among buyers.
Demand for used vans is expected to increase in the coming months as fleets look to replace tired vehicles, according to Aston Barclay.
Powertrains are as important as the condition of the vehicle, but consider how cool it is to spec an air-con
The average price of used vans rose by 11.3% in the 12 months leading to the end of June 2019.
The used van and double cab pick-up markets have performed well during the last year as average prices rose by £227 (5.2%) and £1,036 (13.5%), respectively to £4,533 and £8,666 between Q1 2018 and Q1 2019.
Aston Barclay has replaced its fleet of vehicle transporters with new Scania P410 trucks and bespoke, nine-car Pegasus trailers from Rolfo.
Auction company Aston Barclay has recently completed a £750,000 investment programme at its Brook Lane site in Westbury.