02 Jun 2014
Steady prices for car derived vans
MyCarCheck.com's LCV expert, David Hill, commented: "Although some people still think of them as a tool box on wheels, Car Derived Vans (CDVs) are tempting because they offer exactly the same specification as you get in the car version. The Ford Fiesta van gets our vote as the highly desirable option. It has the same looks as the car and has a good reputation for reliability. You can get various specifications right up to the Sport model, with the body kit and alloy wheels. The key is to do your homework, check the history and buy at the right price.
"In terms of CDVs that hold their value, safe bets don't come much safer than the Vauxhall Corsa Van. Again, it looks the same as the car - you can even get a Sportive version that looks like a sports car. Because it is from the same mould as the car you don't have to shop around for different parts. As always, it is worth checking to make sure the one you're looking at hasn't been clocked or written off, especially when buying privately.
"For our 'used star' in the CDV sector we've gone for the Mini Clubvan. It is a really nice looking van, although maybe not as practical as some of its competitors. They are a quite expensive new so picking up a three year old example means you sidestep the initial depreciation. When it comes to negotiating, 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: "As usual, the used van market slowed down over the Easter period. A few hardy buyers were still out looking for those elusive bargains, but they were mostly left disappointed; although business slowed down, prices didn't decrease.
"This month we have kept the majority of prices steady. The exception is the 4x4 double cab market, where we have made some adjustments - the majority being down - but that's only to be expected at this time of year.
"In terms of small vans, even some older examples are finding homes easily, with Ford Fiesta leading the way on availability. There are a few Vauxhall Corsa vans about which are easily finding buyers, both trade and retail. Peugeot or Renault small vans are likely to go quickly as they are rare. Citroen Berlingo is about in volume but values look to be holding firm.
"The batch of red Fiat Doblos coming into the market look very good value for money and normal Doblo is still sought after too. Again, values are steady. Ford Transit Connect is still the number one choice for the retail buyer in this sector, with Trend and Limited models the best sellers.
"Short wheelbase Ford Transits are currently in as much demand as their longer wheelbase stablemates. There's plenty of interest in the new model Transit Customs coming through. Volkswagen Transporter is still the number one van on everybody's shopping list and mileage doesn't frighten the buyers off, unless it's a really tatty one.
"There's strong demand in the large panel van sector too, as supply is short. However, any sign of volume will quickly distort the values until the volume subsides. The recent sharp burst of long wheelbase Mercedes-Benz Sprinters was soon mopped up by the market. A long wheelbase Ford Transit is still the one the trade looks for first.
"There are a few Transit Jumbos around in yellow and green which are nice on the miles, just a shame about the colour. The trade is bidding behind average values to accommodate the cost of a repaint.
"4x4 values are down this month with the exception of the Ford Ranger, as there are less of these about. Mitsubishi L200 is the biggest loser as there are a lot of them in the marketplace right now. Nissan Navara is going off the boil as export enquiries have dried up, and the same can be said for the Toyota Hi-Lux."