A van desirability index launched this month by remarketing group Aston Barclay has highlighted intense market demand for used Volkswagen Transporter LCVs.
It notes that the Transporter is desirable particularly to SMEs and tradespeople plus camper van conversion firms.
Close second is the Iveco Daily, which Aston Barclay notes is available in the used market at up to seven tonnes payload, so is in demand by heavy industry.
But the Ford Transit Custom, the UK's best-selling van in the new vehicle market, only ranks fifth in desirability, and the larger FordTransit ranks 10th.
Geoff Flood, Aston Barclay’s LCV national sales manager said: “The used van market has risen by 48.3% since Q1 2020 which represents a price increase of £2,381.
"Aside from price we thought it would be good to see what make and model of vans are most popular at auction.
"Ford, Mercedes and Volkswagen all appear on our list, while the IVECO Daily was the only heavy weight van that featured in the top 25.”
Prices in the used van market have been buoyant for the past two years, and are still set to improve yet.
Toyota’s Hi Lux was the most desirable pick-up, appearing in third place on the Aston Barclay index.
A total of ten panel vans appeared in the top 25, four pick-ups and 11 car derived vans, with five out of the top 25 places taken up by Ford, which reinforces the brand’s continued popularity with used buyers.
Aston Barclay’s data takes into consideration three key metrics: web views prior to sale, number of physical and online bids per sale, and the sale price achieved as a percentage of CAP average.
Spotlight on the customer
In this issue:
What consumers really want - trends and habits dealers must understand to provide the right buying experience
Barriers to EV purchase - many private motorists need extra help before they take the plunge
Delighting used car buyers - it's essential for retailers to offer tailored experiences and great value
Aftersales customer care - valuable interactions are vital as dealerships face fishing in a diminishing pool
A customer-first future - Steve Young, ICDP MD, gives AM an exclusive insight.
Read now
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
Login to comment
Comments
No comments have been made yet.