Motor Industry News
MyCarCheck.com top tips for used van buyers Nov 2013:
Transporter, Sprinter & Crafter praised as prices remain high
MyCarCheck.com - the UK’s No.1 consumer vehicle data provider - has saved millions of people from making an expensive used car mistake. In these monthly bulletins its light commercial vehicle (LCV) expert reveals significant trends in the UK market and suggests three wise buys.
- Highly desirable: VW Transporter T5 Sportline 180Bhp
- Safe bet: Mercedes Benz Sprinter 313 LWB High Roof
- Used star: VW Crafter MWB High Roof 109Bhp
MyCarCheck.com’s LCV expert, David Hill, commented: “The Volkswagen Transporter T5 Sportline 180Bhp is the van everyone wants. The waiting list for a new one is 3-5 months, so used ones are always snapped up quickly. These vans look the business with all the extras like alloy wheels and leather seats. So long as you carry out a history check to ensure the one you’re looking at is what it claims to be – for instance, that it hasn’t been clocked and isn’t still on finance – then this is a van worth paying a premium for.
“In terms of vans that hold their value, safe bets don’t come much safer than the Mercedes Benz Sprinter 313 long wheelbase high roof. In this sector the Transit used to be way out in front, now many people prefer the Sprinter. This popularity means Sprinters don’t depreciate like some other vans I could mention – it has been rock solid on residual value for a few years now. It’s always worth checking to make sure it hasn’t been stolen or written off though, especially when buying privately.
“For our ‘used star’ this month I’ve chosen the Volkswagen Crafter medium wheelbase high roof 109Bhp. If you want a Sprinter but can’t afford one then the Crafter is the next best thing. It looks the same from a distance and you can pick one up for a lot less money. When it comes to negotiating on price, remember, as well as revealing a van’s history, MyCarCheck.com also provides vehicle valuations – a great tool for haggling with dealers or private sellers.”
As to market trends, Hill commented: “Prices remained high throughout October and the trade has started to question how high they will go. The average selling price at auction is now around £5,100 for a typical three year-old van, and the signs are this could go as high as £6,000 by this time next year.
“In terms of small vans, there are very few Ford Fiesta or Vauxhall Corsa models around, which is keeping prices high. Volkswagen Caddy is having mixed fortunes – some sell well, some are struggling – so we have pulled these values back 2.5% this month. We have also seen possibly the first Azure Dynamic electric van sell in open sale – it still sold for a lot more than a comparable diesel version.
“For mid-size vans, even older Citroën Dispatch and Fiat Scudo are well sought after. Likewise, Mercedes Vito models still sell with big miles on them.
“In the larger panel van market, demand outstrips supply at the moment. Long wheelbase Transits in clean condition and with Euro V Engines on 13 plates are difficult to buy at anything less than ready-to-retail values. Even some Transit Jumbos in yellow and green are gaining a following.
“We are now seeing a few more Renault Masters in the used market – mostly the new shape. Although they still look fresh, due to oversupply we have pulled back values by 3% this month.
“In terms of Chassis models, Lutons are in demand whatever the badge or miles, and it’s the same for drop sides. Tippers have to be in good condition to sell at the sticker price.
“The 4x4 market is picking up and this is a sector where buyers have massive choice. Land Rover Defender and Discovery commercials are what they are, but the choice on the rest is vast. One commercial sale we visited recently had more Mitsubishi L200s than Mercedes Benz Sprinters, so we have cut L200 values by 5% this month.”
Over the last couple of years, MyCarCheck.com, MyMotorCycleCheck.com and MyTextCheck delivered around 4.5m consumer checks including those via AutoExpress and WhatCar?.
We use up-to-the-minute data from the Police National Computer (PNC), the Driver and Vehicle Licensing Agency (DVLA), the Association of British Insurers (ABI) and major finance houses including Lloyds TSB and Santander.
Our information is trusted by the UK's leading brands. MyCarCheck.com’s parent company, CDL Vehicle Information Services, performs around two million look-ups a week for companies including CompareTheMarket, Confused.com, Go-Compare, Moneysupermarket, Swiftcover and Tesco Compare.
To help UK consumers make the right choice, MyCarCheck.com can confirm in seconds whether your potential pride and joy has ever been scrapped, stolen or written-off, has any money owing on it, has had a plate or colour change and much more.
Know what you’re getting into: MyCarCheck.com