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Used van values fall 2.8%

Published to the CV Show website on

Manheim Remarketing's latest monthly market analysis for vans show that average wholesale used van values fell by 2.8% to £4,023 in February, after three rising months.  The average age rose by two months to 52 and average mileage rose to 75,124.  Compared with February 2010, average values are just 0.2% or £10 higher, average age is two months lower and mileage is up by 1,228.  Car-derived vans bucked the falling value trend, with a 3.1% rise and, for all but large panel vans, average ages and mileages rose significantly.  "Auction lanes throughout the country remain full of buyers as demand is still strong, especially for vehicles in the £2,500 to £4,500 price range," said the firm's Tim Spencer.
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