![\"Manheim](\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2014\/03\/manheim-logo-300x118.jpg\"){kind=logo}
Used van buyers just can’t get enough decent quality vans to meet demand — that’s the conclusion of Manheim’s head of LCV, Matthew Davock, who says:<\/p>\nUsed van buyers just can’t get enough decent quality vans to meet demand — that’s the conclusion of Manheim’s head of LCV, Matthew Davock, who says:<\/p>\n
“”This October we’ve witnessed the highest average van sale price since our records began. There is an insatiable appetite for good quality stock.”<\/p><\/blockquote>\n
Mr Davock also commented that\u00a0older, higher mileage vans, which had been fading away from auction entries, are re-emerging in each major segment — especially the\u00a0key large panel van segment, where 38% of\u00a0vans over 3 tonnes sold in October had an average age of 87 months and 120,140 miles, while 40% of car-derived vans were more than five years old.<\/p>\n
The run-up to Christmas always\u00a0sees peak demand for large vans, as couriers\u00a0take on extra staff to meet demand for\u00a0Christmas deliveries. Manheim believes supplies of used vans may currently be contracting, saying that\u00a0the volume of vans sold by a representative sample of vendors fell by 13% in October, compared to the same period in 2013.<\/p>\n
Record prices<\/h3>\n
The average price of large panel vans over 3 tonnes rose by \u00a3312 to \u00a35,647 in\u00a0October, compared to September.\u00a0Average milsage was 99,962, up by 6,437 from September.<\/p>\n
A similar trend was seen with small panel vans, where the average value rose to \u00a34,986 in October, 5% higher than in September, despite the average mileage rising by 5,706 to 86,366.<\/p>\n
It all adds up to a possible portion of humble pie for me, especially if Mr Davock’s forecast for next year proves to be correct:<\/p>\n
“I’m not convinced that van de-fleet volumes will increase over the next 12 months, so this landscape is likely to remain the norm for some time to come.”<\/p><\/blockquote>\n
Demand for used vans is almost certain to remain strong in the run-up to Christmas — we’ll have to wait until February to see what the New Year brings.<\/p>\n","protected":false},"excerpt":{"rendered":"
The latest used van sales data from Manheim suggests I may have called the top of the market too soon — the demand outlook appears very robust for the remainder of 2014, in any case.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[1842],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6839"}],"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=6839"}],"version-history":[{"count":2,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6839\/revisions"}],"predecessor-version":[{"id":6841,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6839\/revisions\/6841"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=6839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=6839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=6839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}