Manheim Commercial Vehicles has confirmed a record-breaking start to the year in its van division.
Manheim’s Mobile Auction Unit has sold more than £1 million worth of vans since its launch at the Commercial Vehicle show last year.
Manheim Commercial Vehicles saw record sales in the first quarter of 2016, with 100% conversion rates.
A growth in van buyer numbers helped to boost conversion rates at Manheim in February.
Manheim sold a record breaking 41% of vans to online buyers in January – an 11% increase on 2015.
Manheim is reporting many commercial vehicle sales recording conversion rates in excess of 80% in the first month of 2016.
Manheim will open its Shepshed commercial vehicle auction centre in January 2016.
Manheim's average van sale prices remained virtually identical (£4,553) to the same month in 2014 (£4,552), despite an 11% increase in volume.
Manheim has recorded this year’s highest conversion rates for vans in October, with days in stock reducing to just 16 days, as sale prices saw a monthly rise of 5% (£228) to their second highest level of 2015.
Manheim has deployed its Mobile Auction Unit to sell nearly £500,000 worth of premium vans at a sale in Wiltshire.
Manheim has announced plans to relocate its Leeds Commercials auction operation to its Shepshed site as a centre of excellence for commercial vehicles.
Manheim has raised £14,050 for charity from a fortnight of sale events celebrating the Ford Transit’s 50th birthday.
Figures from Manheim show that the used van market remained strong in August, with values rising very slightly by 0.2%.
A Ford Transit donated by Hitachi Capital Commercial Vehicles to Manheim’s charity fundraising fortnight has achieved a hammer price of £6,100.
Manheim saw record CV volumes in July, with a 45% increase in volume year-on-year, and average selling prices up 1.6% (£75) from June.
Each Ford Transit in the used market has helped to contribute up to £200,000 towards the UK economy over its lifetime, according to figures from Manheim.
Auction house Manheim is celebrating the 50th birthday of the Ford Transit, estimating it has auctioned 500,000 used examples since launch.
Used van prices rose by 5.7% (£259) at Manheim's auctions last month, with volumes at record levels for June.
Manheim’s market analysis has shown a steady appreciation of van sale prices across all segments in May.
Manheim’s latest analysis of the UK’s used van market confirms that over half of the 3.8 million vans on Britain’s roads are over seven years of age.