The UK’s used car and van markets will bounce back once the Government’s COVID-19 coronavirus lockdown restrictions are eased, according to Shoreham Vehicle Auctions’ (SVA) Alex Wright.
Anchor Vans will expand its car and commercial vehicle retail operations into a neighbouring two-acre site after acquiring the land from The Caravan Company.
The Vehicle Remarking Association will ask whether 2019 will be “the year of the used van” when it hosts members at Manheim’s Bruntingthorpe auction site next week.
The National Association of Motor Auctions said that an “increasing level of supply” had led to a 35% uplift in used van sales through its members in 2015.
Manheim is planning to relocate its commercial vehicle specialist operation from Leeds to its 10-acre Shepshed auction site.
Minimal price fluctuations of used vans has led to a prolonged period of stability in the market, according to Shoreham Vehicle Auctions.
