Commercial van prices continue to fall for the second month in a row — both May and June saw prices fall.
Motor Trader reports that LCV values averaged £4,280 in June — a drop of £186 in comparison to the average LCV value in May. Fleet and lease values also fell, with a drop of £164 in comparison to May. Fleet and lease value have been falling for six months straight.
However, it’s not all bad news, nearly-new vans have actually increased in price by six per cent between May and June. However, volumes have remained low.
Essentially, there has been a drop in van demand this year. However, dealers have been recommended to push commercial van users towards replacement vehicles, offering good discounts for exchanged vehicles.
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