Leasing
Life, in collaboration with Tallon &
Associates, publishes a monthly analysis of data on the demand for
used assets. This month we look at changes in demand for buses and
coaches.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Service buses – up to 10
years
- Very few late model (one to
five-years-old) units available on second user market, consequently
reasonable demand for any newer units which become available. - Overall, however, demand down
for such services buses from 12 months ago.
Service buses – over 10
years
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData- Limited demand for older
single and double deck buses as councils in particular look to more
environmentally friendly later model vehicles and compliance with
SLF requirements. - Realisations/values for older
stock have been reducing as the operating markets for such
contract.
Coaches – up to 10 years
- Demand remains steady for
leading brand manufacturers. - Second-tier brands have
experienced a significant decline in demand over the past 12 months
with a large number of vehicles currently available on the second
user market. - However, some of them have
been finding homes for school contract work as legislation tightens
for older vehicles. - Generally a seasonal market
which traditionally has seen peak demand in spring and summer
months.
Coaches – over 10
years
- Demand reducing as coaches
need modifying to be LEZ compliant. - Very limited demand for
coaches over 15 years old. - A lengthy test appears
essential when selling older coaches as purchasers demand more for
their money. - Older vehicles are generally
used for school contracts and see greatest demand in summer months
when contracts are made available for work in autumn term and
onwards. - Slight increase in demand seen
for coaches converted to 70-seat for such school work.
Midi coaches
- Demand remains steady for
35-seat midi coaches as very few on the market. - Limited demand for older
vehicles.
Mini buses
- Demand for late model vehicles
with disability access remains steady. - Very limited demand for older vehicles
especially when on a second tier chassis.
