{"id":6299,"date":"2014-06-09T15:08:57","date_gmt":"2014-06-09T15:08:57","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=6299"},"modified":"2014-06-09T15:08:57","modified_gmt":"2014-06-09T15:08:57","slug":"manheim-says-shortage-of-large-vans-is-driving-up-sales-of-smaller-vans","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/6299","title":{"rendered":"Manheim says shortage of large vans is driving up sales of smaller vans"},"content":{"rendered":"

\"ManheimCommercial vehicle buyers are purchasing more car-derived vans (CDVs) and small panel vans, due to a chronic lack of larger panel vans (over 3.5t) in the market, according to the latest market analysis from vehicle remarketing firm Manheim.<\/p>\n

According to Manheim’s sales figures, the volume of smaller vans\u00a0entering the used market has risen by around 8%\u00a0over the last year, while the number of larger panel vans (>3.0t) reaching Manheim’s salerooms has fallen by 14%.<\/p>\n

Manheim’s figures show that the that price of a larger panel van (>3.0t) — a traditional fleet workhorse —\u00a0peaked at \u00a35,297 in May, prompted by continued high demand and a modest fall in average age and mileage, which fell from 62 months to 61 months and 86,062 to 84,510 miles\u00a0respectively.<\/p>\n

\"Manheim<\/a>

Average LCV selling prices at Manheim, May 2013-14 (courtesy of Manheim – click to enlarge)<\/p><\/div>\n

Across the market as\u00a0a whole, the average value of a used van has risen by 9.2% to \u00a34,741 over the last\u00a0year,\u00a0despite an increase in the total volumes of vans hitting the used market, as Matthew Davock, head of LCV at Manheim, explains:<\/p>\n

“2014 has seen a continuation of the record levels of demand in the used van market. We have seen two months of significant year on year increases in van de-fleets; these vans have been snapped up by eager buyers looking to secure price range quality stock.<\/p>\n

“Interestingly, the mix of vans has changed over the past twelve months, with many more car-derived and small panels vans coming up for sale. Conversely, the lower volumes of larger panel vans we’re seeing is, we believe, driving a shift in buyer behaviour toward smaller vehicles.”<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Large vans are in short supply in the used market, according to vehicle remarketing specialists Manheim, who say that buyers are increasingly opting for smaller vans, instead.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[13],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6299"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=6299"}],"version-history":[{"count":1,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6299\/revisions"}],"predecessor-version":[{"id":6302,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6299\/revisions\/6302"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=6299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=6299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=6299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}