The sale coincided with the snow storms that brought much of the UK to a standstill and 25 people were logged on throughout the auction, with 65 bids received and more than 15 vans sold online.
These figures are more than double the usual numbers at these ‘Gloucester Live’ sales which offer buyers the chance to view a video stream of the sale live on the internet, along with a brief of each vehicle.
A wide variety of LCVs were available from vendors including Artegy, Royal Mail, BT, Arval and National Car Rental, ranging in price from £100 Leyland DAFs to £18,000 Mercedes Sprinters.
Aside from the bad weather, vendors have been enjoying packed auction halls with strong prices being paid across all vehicle sectors. Good vehicle condition is being demanded from buyers however, with tatty high mileage vans being all but ignored.
The good selection of stock accumulated at the end of 2006 resulted in plenty of choice for buyers willing to pay strong money. The positive start to the year has proved many people wrong, with predictions focused on downturn in prices and activities for the early part of 2007.
Car-derived vans and small panel vans continue to be popular, with LWB Ford Transit Connects remaining as strong as ever and a lack of the new shape Volkswagen Transporter has maintained not only interest in the few models that do appear at auction but has not harmed the success of the old shape.
In the large panel van sector, Ford Transits and Mercedes Sprinters continue to be in plentiful demand and supply.
As this sector reported a lack of stock during 2006, the early part of 2007 has been something of a turnaround. Prices in this sector have settled as buyers have more choice. Manheim predicts an interesting year for the 4x4 market with new models due to be launched.
Currently the Mitsubishi L200 and Nissan Navara are making above average money but with new models becoming available as the year progresses, will prices of the older models start to fall?
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