The used LCV market has turn into extremely fragmented because of smaller companies’ warning over rates of interest and cashflow when contemplating alternative vans and pick-ups.
Consequently, no single kind of LCV dominates Aston Barclay’s June desirability index as sellers give attention to sourcing extra inexpensive choices for his or her prospects.
Heading the index is the Citroen Relay, adopted by the VW Amarok and the Mercedes Vito. The presence of a big panel van, a pick-up, and a mid-size panel van within the prime three highlights the present fragmentation of the market.
The index options 4 medium-size LCVs: the Mercedes Vito, Mercedes Citan, VW Transporter, and Ford Transit Customized. In the meantime, the Citroen Relay, Peugeot Boxer, and IVECO Day by day point out sustained demand for bigger panel vans. Moreover, three pick-ups -the VW Amarok, Toyota HiLux, and Isuzu D-Max – spherical out the highest 10.
Geoff Flood, Aston Barclay’s head of LCV, mentioned: “The market has slowed since Christmas, and sellers are working tougher to promote used LCVs to SMEs nonetheless feeling the pinch of upper rates of interest and the next value of dwelling. Many SMEs are holding onto their present LCVs longer, however this can’t proceed indefinitely as automobiles age and turn into extra expensive to take care of.”
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