Used Van Prices Spiral

THE HIGH demand and low stock trend for used LCVs in 2020 led to auctioneer Aston Barclay reporting record prices for vans.
In 2020 used van prices started the year at £4,923 and ended the year 54.5% up at £7,608, a rise of £2,685.
Much of this rise was attributed to prices rising from quarter three to quarter four and according to Geoff Flood, Aston Barclay’s national LCV manager there is no sign of the market slowing down.
‘The first few weeks of 2021 have been no different with lots of buyers in the market with limited stock available to bid on, so prices have remained strong.
‘We anticipate this trend continuing throughout 2021 with manufacturer supply, extended lease contracts and greater demand from sectors such as home delivery and SMEs all contributing to what we think will be another record year of demand and prices,’ he added.

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