Used Van Prices Hit Glass Ceiling

James Davis - Manheim

According to majot UK commercial vehicle auctioneer, Manheim, October saw a year-on-year mirroring of average age, mileage and selling price for vehicles in the wholesale van market, with all three indicators almost identical to October 2012 figures. In addition, the month-on-month average selling price of vans at auction has also remained stable, holding at the […]

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Strongest Used Van Market in Ages….Says Manheim

Tim Spencer

Tim Spencer, commercial vehicle manager at Manheim Remarketing takes a look at the prospects for October’s van market at the auctions. As we enter the month of October, we are as predicted, seeing busy auction halls. The market appears to be heading in a very positive direction and there is a real buzz back in […]

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VAN AUCTION PRICES UP OR DOWN?

Manheim

The more you look into the data regarding the wholesale prices of vans reached at van auctions, the more confused you become.  It had been widely accepted that a lack of stock has led to increasing prices across the board – but is this the case? Latest data from Manheim seemingly contradicts the view from […]

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Motor Auction Van report Published

CVD News

The National Association of Motor Auctions (NAMA) published its Light Commercial Vehicle (LCV) market report for January. The report shows that during January the average values of used LCV’s at auction across the board decreased from £4,700 to £4,315, equivalent to a 8% decrease between December and January. However this is a less pronounced decline […]

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Used Van Numbers Down but Prices Still Rocketing…

James Davis

Latest market data from Manheim confirms that the phenomenon of used van inflation is alive and well, despite a continued rise in the average age and mileage of LCVs coming under the hammer. According to the auction specialist’s latest monthly Market Analysis, the average value of a van at auction rose from £4,179 to £4,406 […]

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Van Auction News on Video from Manheim

Manheim-Video

Manheim has launched a new quarterly video market update, which uses interviews, graphics and auction footage to provide a snapshot of the current light commercial vehicle market to CV dealers and buyers. Called Van Auction News (VANs), the new market update comes in handy five minute video packages, available here at cvdealer.co.uk. The first edition, […]

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VAN BUYERS REAP ‘BITTER HARVEST’ OF RECESSION

M-Auctions_hor-wonb-l small

Van prices at auction rose for the fifth consecutive month in November, reaching their highest point this year, according to Manheim’s monthly sales barometer. The latest figures show that the average value of vans sold during November rose by a hefty 2.95 per cent (£125) in comparison to the previous month. Year-on-year, the average price […]

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The VIP Van Industry View

CVD News

The van marketplace is in a strange mood at the moment. The market knows that the Christmas break is around the corner and they know that trade and retail sales will slow down, but traders are still attending auctions as normal just in case they are missing anything. The market is slow and stock is […]

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Used Van Prices Heading Skywards

BCA's Average Van Price Chart

Prices for used vans at auctions are climbing higher still, according to auction company, BCA. The average selling price is over 5% higher than last October at £4,447 and this is for vans that have got, on average, 2,000 more miles on the clock! The sales prices beat the CAP valuations by nearly 2%. These […]

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New MD for BCA

Spencer Lock

Spencer Lock will replace outgoing BCA Managing Director, Andrew Hulme who will be retiring as Managing Director UK at the end of the year.  Hulme, who has been with the company for 45 years, will remain with the group as a non-executive director for 2013. Spencer Lock will assume full executive responsibility as Managing Director […]

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