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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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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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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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 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 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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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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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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According to Manheim Auctions, average values of used vans at auction rose in August to £4,150, an increase of £176 or 4.5% from the July figure. Despite the previous 5% fall in values from June to July, the latest monthly Market Analysis from Manheim confirms the continuing upward trend for used LCV values. Looking [...]
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Having won LeasePlan’s LCV Auction Centre of the Year for the last three years running, Manheim Gloucester is on track to take the title again after picking up two consecutive quarterly awards in the first half of 2012. The LeasePlan accreditation process recognises suppliers that deliver the best results across a range of criteria. LeasePlan’s [...]
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