Manheim’s Market Analysis report for June 2013 shows that the average value of vans sold were 3.4% higher year-on-year for the period June 2012 to June 2013, despite average age being one month higher and mileage increasing by 683 miles.

Latest Market Analysis figures from Manheim show that, despite a two month fall in average age and a drop in mileage of 1,125, the selling price fell by only £3 compared to May 2013.

However, year-on-year comparisons highlight that, at £4,335, the average selling price in June was £141, or 3.4%, higher. This selling price increase occurred irrespective of the mileage and vehicle age, which is a strong indication that the market for used vans continues to perform well.

Tim Spencer, commercial vehicle manager at Manheim Remarketing, said: "Overall, the market has performed well in 2013 and it remains very stable. The latest figures show that there has been a significant increase in the amount of vehicles coming into the auctions, with the year-on-year variance increasing by 15%.

"With this increase in vehicle numbers, it is important to note that rare and clean vehicles will still attract interest, but poor quality stock in high volume is likely to sit around for longer, as traders focus on cash flow in quieter times of retail activity."

Looking at the figures in more detail, the average selling price rose for six of the 11 segments during June 2013. This increase was most noticeable within the 4x4 sector, which witnessed a £1,104 rise and the car van sector, which rose £785.

Manheim says this is reflective of the fact that the sectors saw significant decreases in both average age and mileage, with car vans falling by nine months in age and 1,993 in miles and 4x4s falling by six months and 4,929 in miles. In comparison with June 2012, the average selling price rose for seven segments, which was primarily reflective of a drop in average age of 17 months

Spencer added: "There are still some concerns over the quality of the stock reaching the auctions, which means buyers are having to search for the best vehicles. For the best examples, values continue to routinely outstrip price guide expectations and this is helping to keep the average selling prices fairly constant across the board.

"As we move into the summer holiday season it is the vendors with damaged and duplicate stock who will need to be the most active in their pricing if they don’t want to see a build up stock."

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