Higher-than-expected demand and presence of some quality units
have brought up prices for many CVs according to Glass’s, which
expects the trend to continue for the rest of the year.
George Alexander, editor of Glass’s Guide to Used Commercial
Vehicles, said: “Any marked upturn in the UK’s fiscal fortunes over
the remainder of the year will provide the opportunity to re-build
business profitability and set the scene for a significantly better
2010.”
Go deeper with GlobalData
He said that clean, low-mileage used vans were attracting most
attention at auction and continued to sell with ease as trade
buyers and end users compete for the best lots.
However, according to Glass’s, older, higher mileage examples of
light vans will continue to struggle against younger and fresher
competition.
In the case of used panel vans, the company said that a good
number of them have been attracting plenty of retail and trade
interest, particularly Fiat Scudos, VW Transporter, Mercedes-Benz
Vito, Renault Trafic and Ford Transit 280s.
On the other hand, the market for used heavyweights has slowed,
and Glass’s said that trade buyers were only selecting chassis that
could be turned round quickly.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFor instance, three-year old, 18-tonne boxes, flats and
curtainsiders were performing well, while any older chassis would
require a smart body to catch the buyers’ eye, the company
said.
It added that there was more weakness to be found surrounding
younger tractor units and trailers.
Antonio Fabrizio
