The average price of used vans rose by 11.3% in the 12 months to the end of June 2019, while double cab pick-up prices rose 18.9% over the same period.
The figures from Aston Barclay mean that the average price rise for used vans rose £469 to £4,616 from Q2 2018 to Q2 2019 with a rise of £1,736 to £9,205 for double cab pick-ups over the same period.
Overall year-on-year average used van mileages rose from 89,113 miles in Q2 2018 to 91,591 in Q2 2019, while average age fell from 76.9 months to 65.4 months over the same period.
The figures also show an improvement between Q1 and Q2 2019, with prices up by £83 to £4,616, helped by a fall in mileage from 96,706 miles in Q1 to 91,591 miles in Q2 while average age also fell from 68.2 months to 65.4 months in the same period.
During Q2 2019 double cab pick-up prices rose £527 to £9,205 from Q1 supported by a fall in average mileage from 80,278 miles in Q1 to 76,442 miles in Q2, and a fall in average age from 81.6 months to 70.5 months during the same period.
Commenting on the changing profile of stock over recent months, Geoff Flood, Aston Barclay’s commercial vehicle sales manager, said: “Used vans are generally younger and with fewer miles on the clock which may signal a change in fleet replacement cycles as well as vehicles travelling fewer miles. Double cab pick-ups are workhorses and recreational vehicles and have a strong following in the used market.
“Corporate users are replacing these vehicles more often, probably because new prices and deals are very keen and residuals are strong,” he added.
