Vans values are falling as higher numbers of older vehicles go to auction.<\/p>\n
That\u2019s the view of the National Association of Motor Auctions (NAMA) which said that since January values have experienced a \u201cgentle fall\u201d.<\/p>\n
\u201cIn very real part, the fall in values and auction activity reflects an increase in selling activity in the 4+ age ranges as drivers of older vans trade up into a new vehicle.<\/p>\n
\u201cThe dilemma is that with older stock increasing as a percentage of the current remarketing parc, total values are being diluted in the face of lower dealer demand for the older stock available.<\/p>\n
Overall, NAMA said the outlook was positive with pent-up buyer demand being released as the economy improves.<\/p>\n
\u201cThis increased new van activity is seeing an influx of older higher mileage LCV stock right now. Inevitably, this is impacting values, albeit only slowly.<\/p>\n
\u201cMuch in the way car sales have regained sales trend normality, we expect a similar outcome in the LCV market, but this will take place over a period of months. In the short-term, condition is all-important and vendors are advised to ensure their LCVs are well-prepared for sale,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"