Anchor Vans Blog
New van prices have gone up in the last few weeks, and we’re not surprised. There are a number of factors contributing to van prices, including:
1: The exchange rate is not in our favour. The pound is weaker against the Euro than it’s even been, and therefore the production costs of new vans manufactured on the continent are higher.
2: There’s been sharp rise in metal prices over the last year, with the basic raw materials costing more, that cost is only passed onto a new van’s retail price.
3: New number plate registrations were released on March 1st, hence the timing of this price rise.
These factors all relate to new vans, and as we deal primarily in used vans, you might wonder what this has got to do with used van prices. Well, in any used vehicle sector, when the prices of the new models go up, people think twice about buying new. Demand for used vans increases and a shortage of stock forces prices to rise. So with all of these factors pushing up the new van prices, the knock-on effect for used van buyers is an inevitably higher price.
What does this mean for businesses dependent on using vans? Well, you’d expect us to say this, but it’s obviously more economical to go for a used van if you are looking to purchase one for your livelihood. Even though used van prices in general are going up, we always have some great deals and finance schemes available.
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