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18 - 20 APRIL 2023 • NEC • BIRMINGHAM • UK

Van values stabilise in October

Manheim Remarketing's latest monthly Market Analysis for Vans shows that at £4,092, average wholesale used van values fell by just 0.8% or £34 following an increase of 3.2% or £127 in September.  It says this levelling off follows an increase in average age to 52 months plus an increase in average mileage to 75,065.  "The underlying strength of the market is demonstrated further by the fact that average values are 14.0% or £502 higher than the same period last year. In tougher economic times a used van offers better value and a lower financial outlay for an SME operator than a new van," said James Davis, general manager, commercial vehicles at Manheim Remarketing.
More from Andrew Andersz on +44 (0)1 865 343 100 or andrew.andersz@thejjgroup.com

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