Used van and truck finance deals are
increasing for the first time since the recession began, according
to Broadway Motor Company.
The GE-owned used light commercial vehicle
specialist said that the number of used vans and trucks on finance
are now double the level of 12 months ago.
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According to Ian Griffiths, national sales
leader at Broadway, the new trend is attributable to more used
buyers opting for finance, as well as more of them being accepted
for finance.
He said: “An easing of finance will probably
be a key factor in the used van and truck markets continuing the
recovery of recent months, so this is a very welcome
development.”
Griffiths added that most of the finance deals
being signed were with trades people returning to the commercial
vehicle market after weathering the worst of the recession.
Antonio Fabrizio
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