Motor Industry News
As predicted January started slowly and gradually built into a crescendo in the middle of the month. Values started off low and built up to a peak and then as more stock has become available prices moved back in line. As a result values remain largely unchanged for February. Auction sales were well attended, with the trade complaining about too many retail buyers at most sales which is artificially inflating some sale prices on prime stock.
There’s still not much stock of Corsa or Fiesta vans, but they will always find buyers. We have seen a couple of 207 models that had plenty of interest as they are fairly rare. Doblo values are down 5% with a few in the marketplace and the trade can pick and choose for the right example. Berlingo and Partner are still plentiful but remain popular as they make great retail stock particularly in a nice metallic colour. As always, all Caddy derivatives remain the stars of every sale. Mercedes Benz launched their new van, the Citan, in this sector last month. It will sell, but this is a very competitive sector.
Transporters are still great news in any guise especially with any extras such as alloy wheels and fog lamps. They all have the trade interested and if you have one that is over age for some reason, why not talk to a Volkswagen parts department and see how inexpensive it is to freshen a T5 up and help it on its way. These vans now really do have a cult following. Transit is available in numbers, with Jumbo values up 5% this month as there aren’t many around and they are well sort after in this guise. NV400 is starting to appear on the market and any that are out there are getting snapped up.
Chassis cabs, Lutons, Box vans and Curtainsiders are all good news whatever the manufacturer, but Tippers and crew cab tippers remain steady as there are plenty around. These can look very good value for money.
The 4x4 marketplace should be busy with recent snow, but there are a good few around now and buyers can pick and choose. Examples with damage are really taking a hit and struggle to reach average prices. A new model such as Amarok will easily make Ready to Retail values as the retail buyer is looking for nearly new.
VIPDATA is part of CDL Vehicle Information Services Ltd (CDL VIS) the vehicle data arm of CDL Group Holdings Ltd, based in Stockport, Cheshire. www.cdl.co.uk
Contact the CDL VIPDATA valuation team: