
The Resilient UK Used Van Market: A Strong Opening to 2025
The UK used van market has kicked off 2025 with impressive figures, according to Manheim Auction Service. Notably, there's been a remarkable 21% year-over-year increase in sold volumes, signaling significant demand among buyers and an overall healthy marketplace.
In the most recent metrics, the average selling price of used vans surged by £554 between February and March, with an impressive 22% of the stock selling above the guide price. This uptrend reflects a robust market performance, bolstered by fleet and rental companies actively improving their asset ages. Matthew Davock, the director of Commercial Vehicles at Manheim UK, highlighted the growing competition for prime stock, which speaks volumes about the evolving landscape of the used van sector.
Age and Mileage Trends: Insight into the Current Market
The average age of sold used vans stood at 71 months (approximately six years) with an average mileage of 79,822 miles. While only 15.4% of the stock is categorized as ‘prime’ (vans younger than 3 years and with less than 60,000 miles), this segment continues to sell competitively; these vehicles achieve prices that are 6.8% higher than expected. Conversely, older vehicles have maintained their market presence due to lower price points, with the average sold price around £5,625.
Growing Segment: The Rise of Electric Vans
Another notable trend is the 62.6% surge in electric van arrivals at Manheim’s UK locations. These electric vehicles, averaging around 29,000 miles and approximately three years old, represent a significant investment potential. However, buyer confidence remains a hurdle, with only four in ten electric vans selling on the first attempt. As Davock noted, the electric van sector faces challenges similar to those seen in the consumer car market, particularly in boosting consumer adoption and awareness of their benefits.
In conclusion, the UK used van market demonstrates a strong start in 2025, shaped by positive trends in pricing and an increasing diversity in the types of vans available. As the market adapts to economic pressures, consumers and industry professionals alike must remain informed on these developments to navigate through the evolving landscape.
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