Used van average price in UK continues to rise

Average prices of used vans sold through online remarketing platform Autorola have increased for the third quarter in a row to record levels.

Used prices rose just under 10% from £9,605 in Q1 2014 to £10,513 in Q2 2014, an increase of £907 and an all time average high for the company.

The average age and mileage of stock in Q2 was 2012/26,377 miles compared with Q1 (2011/31,927 miles).

When analysing average prices between Q4 2013 and Q2 2014 values have risen by more than 30% (£7,985 to £10,513), which reinforces the used van market shows no sign of slowing down.

Each quarter Autorola sells a range of stock from rental companies, utilities, manufacturers and franchised dealers, but currently the 24-30 month old stock is making the strongest money.