Fleet News

Glass’s highlights movers and shakers in used LCV market

Here are the key movers and performers:

Used lightweights

Prices are holding steady for Citroen Berlingos and Peugeot Partners, as volumes have remained in step with demand. Residual values on Renault’s Kangoo have often been hit by high volumes and ill-managed disposal strategies.

The Vauxhall Combo is also not performing well currently, due to high volumes and many not being prepared to guide standard conditions.

The Ford Connect and Volkswagen Caddy are both doing very well, although supply of the Connect will have to be managed as more used volume becomes available, Alexander warned.

Used panel vans

Low-powered ex-fleet vans are the only late plate panel vans not doing well when offered for open market sale. Ford Transit T350 is the star.

Horsepower is the key in the 3.5-tonne sector, with powerful Mercedes-Benz, Ford and Fiat examples doing well. Clean 311 and 313 Sprinters are seeing intense competition from bidders. Iveco’s Daily is meeting with far less enthusiasm. Alexander said: ‘the marque has yet to strike the right chord with all in the used market.’

He also warned that the honeymoon period for the Vauxhall Vivaro and Renault Trafic could be coming to an end. The vans have performed exceptionally since launch, but large volumes are about to hit the market and prices will start to drop.

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