Used Van Prices Back on the Up
According to commercial vehicle auction specialists, BCA, used van prices bounced back strongly in May following the disruption caused by the combination of increasing fuel costs, the late Easter, the...
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Auction House Forecasts higher used van demand as London LEZ Approaches
Van Auction experts, Manheim Remarketing is forecasting a temporary increase in demand for three to five year old used vans in the London areas, as time is called on old vans from January 2012. Buyers...
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Van market Short on Supply
We are now starting to see the drop in availability of used vans thanks to new van registrations falling off a cliff three years ago according to van auction company BCA. With fewer vans entering the...
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Supply of Used Vans facing a black hole!
According to information published by van auction house BCA, there is to be such a lack of used van stock they have labelled the crisis a ‘black hole’. Written by Professor Peter Cooke, University of...
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Used Van Prices on the Increase as Numbers Dry Up – BCA
The cost of buying a used van has reached a sixteen month high – with indications that the prices are going up higher still in the run up to Christmas. This is not good news for those South Eastern...
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USED VAN MARKET STILL ‘GOLD PLATED’, SAYS MANHEIM
Despite a month-on-month drop of 5.2 per cent in the value of the average van from June to July, the UK market for vans is still in good shape, according to Manheim, the world’s largest automotive...
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The VIP View
David Hill of VIP data gives his view of the state of the van market at present. Towards the back end of August some light was shining in the trade and people were again out looking in numbers. The...
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USED VAN VALUES RISE (AGAIN) IN AUGUST
Average values of used light commercial vehicles (LCVs) 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,...
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USED VAN PRICES STILL RISING, SAYS MANHEIM
With many institutions continuing to offer savers interest at below the rate of inflation, buying a used van could provide a better return than putting money in the bank, according to Manheim, the...
View ArticleMILEAGE ‘CORRECTION’ FIRM BOSS CONVICTED
We have now seen the first ever conviction of an owner of a mileage correction firm following a recent OFT investigation. The Swindon-based owner of the ‘Mileage Correction Firm’, Michael Ogle, was...
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