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Used van prices up by record 54% in 2020, says Aston Barclay

Prices for used vans and double-cab pick-ups hit a new high at Aston Barclay in 2020, while the momentum is continuing in 2021.

Used van prices ended 2020 up by 54.5% to £7,608; a rise of £2,685 and due to high demand and low stock

The firm’s data shows used van prices started 2020 at £4,923 and ended the year 54.5% up at £7,608; a rise of £2,685 and due to high demand and low stock.

Much of this rise was attributed to prices rising from Q3 to Q4, when prices rose by 22.6% (£1,405) from £6,204 to £7,608.

Double-cab prices also finished 2020 at a record price of £11,211, a rise of £1,454 (14.9%) from Q1 (£9,757).

Geoff Flood, Aston Barclay’s national LCV manager, said there is no sign of the market slowing down after holding its first LCV sales of 2021 at Leeds, Donington and Westbury.

“The first few weeks of 2021 have been no different with lots of buyers in the market with limited stock available to bid on, so prices have remained very strong.

“We anticipate this trend continuing throughout 2021 with manufacturer supply, extended lease contracts and greater demand from sectors such as home delivery and SMEs all contributing to what we think will be another record year of demand and prices,” he added.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.

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