High demand for trucks throughout 2021 suggests it will be a record year for used HGV prices, according to Cox Automotive.
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.
Average values for light commercial vehicles continued to grow in November, averaging £7,146 at BCA.
Axis Fleet Management has announced the launch of a new division, Axis Reassurance, which will bring its end of contract assets to market.
Used van values slipped from £7,463 in June to £7,221, but the longer-term trend continues to show value growth across the LCV sector.
Manheim saw strong demand from buyers once again in April, driving record-breaking average sale prices and conversion rates.
Shoreham Vehicle Auctions (SVA) has launched a used electric van training course for LCV dealer sales staff and fleet vendors.
For the second month running, average light commercial vehicle (LCV) values climbed to record levels in March, thanks to “exceptional” buyer demand, reports BCA.
The first quarter of 2018 saw used LCV volumes remain high with strong wholesale demand supporting good residual values say automotive data experts, Cap HPI.
Having fallen in January, fleet and lease LCVs rose in value in February as demand remained high and volumes eased slightly.
Construction company’s collapse raises questions over future of 10,000 vehicles.
BCA has launched a new commercial vehicle auction programme with new regular sales starting in Blackbushe, Glasgow and Wolverhampton.
The market for used commercial vehicles is set to remain strong through 2018, according to experts at Cap HPI.
Frank Plant has been appointed director of Used Vehicles at Iveco, tasked with launch of the company’s pan-European approved pre-owned vehicle brand OK Trucks.