Tag: LCV

“Will 2019 be the year of the used van?” asks September’s VRA meeting

“Will 2019 be the year of the used van?” is one of the key questions being posed at the next meeting of the Vehicle Remarketing Association, taking place on 21st September at Manheim in Bruntingthorpe. Key presentations will be made by James Davis of Manheim, looking at the prospects of used light commercial vehicles in

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Arval offers “top five” advice to fleets as thefts from vans increase

Arval is releasing new advice to fleet operators in the light of reports that thefts from vans are rising rapidly. New figures obtained by the BBC from 45 police forces show that thefts from vans have increased from 14,063 in 2014/15 to 22,749 in 2016/17. A van is broken into every 23 minutes. Simon Cook,

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Arval van experts to face the tough questions from “Consultancy Corner” at CV Show 2017

Commercial vehicle experts from vehicle leasing and fleet management specialist Arval will be available to talk through even the most complex and unique van challenges at Commercial Vehicle Show 2017. From April 25-27, they will be available at the company’s specially created “Consultancy Corner” to answer van-related questions from visitors – no matter how tough.

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Used van values fall as older stock hits market

Vans values are falling as higher numbers of older vehicles go to auction. That’s the view of the National Association of Motor Auctions (NAMA) which said that since January values have experienced a “gentle fall”. “In very real part, the fall in values and auction activity reflects an increase in selling activity in the 4+

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Van values take a seasonal jump in September, says BCA

Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline, according to the latest BCA Commercial Pulse report. Despite rising volumes of stock continuing to reach the wholesale markets, BCA said increased levels of demand and competitive bidding saw values rise for fleet/lease, dealer part-exchange and

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Light commercial vehicles set for record year of sales, predicts CAP

Commercial vehicle operators moving away from larger vehicles to 3.5-tonne vans will lead to a record year for light commercial vehicle sales, says CAP. The pricing experts say year-end LCV registrations are likely to top 360,000 this year, due in part to the improving UK economy but mainly shaped by commercial vehicle operators moving to smaller light commercials.

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Manheim marks Ford Transit’s 50th birthday

Manheim is marking the Ford Transit’s 50th birthday with a fortnight of sale events from August 3 – 14 at its commercial vehicle auction centres and Manheim Online. The vehicle auction company has sold 500,000 used examples of the famous van since the first one rolled off the production line on August 9 1965. Since

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Used van prices and volumes rise as seasonality returns to LCV market

Used van prices rose by 5.7% (£259) in June compared to the previous month, while volumes were up by 38% over the same period in 2014. Auction company Manheim  saw a record number of vans in its sales in June, which was a strong month for average selling prices and conversion rates. Matthew Davock, head

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Average values for light commercial vehicles rose by £50 in May to £5,558, a rise of 0.9% compared to April, according to BCA.

Fleet and lease values fell marginally, while part-exchange values improved significantly over the month.  Nearly-new values rose to the highest point this year. Year-on-year, average values were down by £29 (0.5%) compared to April 2014, with both age and mileage slightly higher in 2015.  Performance against CAP improved by two points compared to 2014.  BCA’s

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Used van market struggles to shift large volumes of poor stock

The used van market is struggling to shift large volumes of used vans with poor specifications. That’s the view of Glass’s commercial vehicle guide editor George Alexander who said the market is now made up of two streams of vehicles. “We are really seeing a tale of two used markets. Late plate, well-specced models of

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Autorola reports 23% decline in used van values

Autorola UK has become the latest company to warn of falling used values in the van market. The remarketing portal said average used prices had fallen from £11,536 in the final quarter of 2014 to £8,910 in the first quarter of 2015, a decline of £2,626 or 23%. “The used LCV market seems to have

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NEXTGEAR CAPITAL REPORTS VANTASTIC RESULT AT SHOREHAM LCV AUCTION

Headlines: 16 out of a sold entry of 139 vehicles purchased via NextGear’s Stocking Plan Currently 12% of the £40m vehicles funded by NextGear are  light commercials Buyers claim to improve the quality of their stock through the Stocking Plan   NextGear Capital celebrated a major success at a recent Shoreham Vehicle Auctions vans auction

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