Anchor Vans Blog
Impact of credit crunch seen in shortage of 3 year old used vans
We’ve noticed a distinct shortage of used vans that are in the 3 year old bracket in recent months and it’s having an effect on prices too. We know this is a direct result of the credit crunch because when it hit three years ago many companies with fleets of commercial vehicles didn’t buy new replacement vehicles. Every one was tightening their belts and making do with what they had for as long as possible.
Now, three years later, those vans which would normally have been bought new that year simply haven’t trickled into the used van market. The impact can be seen in prices of used vans which are going back up due to the shortage not being able to easily meet the demand for 3 year old commercial vehicles.
Many people have seen the long-term effects of the credit crunch, this is just the way it’s impacted upon the used van industry. All we can promise is that we’ll continue to work hard to find the best quality used vans and make them available to you at the best possible prices, just as we always have.
Labels: 3 year old used vans, commercial vehicles, credit crunch, used van industry, used van market, used vans