Used van prices.

Author
Discussion

surveyor

Original Poster:

18,139 posts

191 months

Saturday 20th February 2021
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What has happened? I don't normally pay much attention, but was curious to see what my old van was being sold for...

https://www.ebay.co.uk/itm/Ford-Transit-Custom-2-0...

A lot of money I thought!

Djtemeka

1,873 posts

199 months

Saturday 20th February 2021
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Couriers are big business now. Loads of unemployment and jobs as self employed drivers on the rise

Bill

54,248 posts

262 months

Saturday 20th February 2021
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And campers...

944 Man

1,814 posts

139 months

Tuesday 23rd February 2021
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Four years ago, you could buy a four year old LWB Citroen in clean condition with high mileage, for £4k. Look at prices of 4yr old 120,000 mile vans now.

Insane.

944 Man

1,814 posts

139 months

Tuesday 23rd February 2021
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I should add, LWB with side and rear windows, one owner and full history. The same van would sell for more now, never mind an equivalent 17 plate.

BadOrangePete

689 posts

51 months

Tuesday 23rd February 2021
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Noticed this myself, been after a mk4 Caddy Maxi for a while now to replace my aging workhorse but combined Covid/VW tax means I'm not getting anything with good spec and decent mileage for much less than 15k rolleyes

105.4

4,214 posts

78 months

Tuesday 23rd February 2021
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BadOrangePete said:
Noticed this myself, been after a mk4 Caddy Maxi for a while now to replace my aging workhorse but combined Covid/VW tax means I'm not getting anything with good spec and decent mileage for much less than 15k rolleyes
yikes That’s insane !

I remember when I was looking at Caddy’s a couple of years back the prices for tidy ones were steep then, now they’re just really over the top.

BadOrangePete

689 posts

51 months

Wednesday 24th February 2021
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105.4 said:
BadOrangePete said:
Noticed this myself, been after a mk4 Caddy Maxi for a while now to replace my aging workhorse but combined Covid/VW tax means I'm not getting anything with good spec and decent mileage for much less than 15k rolleyes
yikes That’s insane !

I remember when I was looking at Caddy’s a couple of years back the prices for tidy ones were steep then, now they’re just really over the top.
Yeah its crackers! I appreciate they hold their money better than other small vans but still not spending that much.

On the plus side my battered 07 plate must still be worth 5k then hehe

Stomnnorm

47 posts

189 months

Wednesday 24th February 2021
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They are artificially high while new supply struggles.

If you can avoid it, now is not the time to buy a used van as prices will correct themselves fairly shortly.

I know everyone’s budget differs, but if you can stretch to it, find one and have a part exchange, buy new. New prices haven’t been lifted due to supply and you will never get as much for your part exchange again.


powerstroke

10,283 posts

167 months

Wednesday 24th February 2021
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Stomnnorm said:
They are artificially high while new supply struggles.

If you can avoid it, now is not the time to buy a used van as prices will correct themselves fairly shortly.

I know everyone’s budget differs, but if you can stretch to it, find one and have a part exchange, buy new. New prices haven’t been lifted due to supply and you will never get as much for your part exchange again.
This , and with some of the finance deals a new one is cheaper than second hand unless you’re paying cash ..


Edited by powerstroke on Wednesday 24th February 08:02

Venisonpie

3,647 posts

89 months

Wednesday 24th February 2021
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powerstroke said:
Stomnnorm said:
They are artificially high while new supply struggles.

If you can avoid it, now is not the time to buy a used van as prices will correct themselves fairly shortly.

I know everyone’s budget differs, but if you can stretch to it, find one and have a part exchange, buy new. New prices haven’t been lifted due to supply and you will never get as much for your part exchange again.
This , and with some of the finance deals a new one is cheaper than second hand ..
Yup, if you want to play the game you might even be able to sell it in 6 mths for what you paid for it.

Square Leg

14,939 posts

196 months

Saturday 27th February 2021
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I bought a brand new Connect Ltd to my spec last August.
Not only did I get a great p/x price for my old Navara, but £3.5k off the Connect plus 0% apr on the finance.
Buying used made no sense.

iDave

100 posts

193 months

Wednesday 3rd March 2021
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Wow prices really have gone crazy!
Out of curiosity I looked up to see if my old (leased) company van is up for sale, found it on ebay looking very clean and re lined etc but a ridiculous price for a very basic 106k miles van!
It won't rust underneath though from the amount of spilt oil that seeped through to the floor pan (ex service van), can't see if they have replaced the handbrake lever the dog chewed up and I don't know if they know but it intermittently drops in to limp mode when motorway driving. Quick off and on with the ignition sorts that out. Also its still on the original brake discs.

Ah good memories with that old workhorse. tank



https://www.ebay.co.uk/itm/2016-Ford-Transit-Custo...



Edited by iDave on Wednesday 3rd March 22:15

LouD86

3,285 posts

160 months

Tuesday 9th March 2021
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My job is selling New and Used commercials, and I think currently its about 38% up in value on the majority. Its bonkers. There are vehicles I have purchased off customers, and are selling again, 4 years later, with additional 30k miles for more than the customer purchased for in 2017! Its bonkers. I don't think its going to go down for a long while either

Robvx

38 posts

105 months

Tuesday 9th March 2021
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LouD86 said:
My job is selling New and Used commercials, and I think currently its about 38% up in value on the majority. Its bonkers. There are vehicles I have purchased off customers, and are selling again, 4 years later, with additional 30k miles for more than the customer purchased for in 2017! Its bonkers. I don't think its going to go down for a long while either
I have just px my transit custom for 15000+vat after buying it new for 18800+vat 4.5 years ago
The deal on the new van also makes no sense.
I think it costs more to run and buy a second hand one.

littlebasher

3,836 posts

178 months

Tuesday 9th March 2021
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Going by facebook and other forums, seems that lockdown has driven a surge in (bad) home made camper conversions.

My daughter and SIL came very close to buying an old Transit safety camera van for top dollar. Fortunately they called to ask my opinion before parting with any money.

Not having been dissuaded by the whole idea, he invited me to join a Facebook group for amateur conversions. Certainly an eye opener and made him see sense, some of them were shocking.

m3jappa

6,582 posts

225 months

Tuesday 9th March 2021
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They really have gone mad.

I bought a brand new canter tipper in 2016 for 20500 plus vat.

I considered getting another one this year only to find that now they are 26-28k plus vat which is a ridiculous increase.

Of course the used ones have gone up to simply insane levels. I reckon a dealer would sell my well used 48k 16 reg canter for 17k plus vat!

I bought an 08 canter in 2013 iirc and it was 6k plus vat. Right now with over double the mileage i reckon its still 6k plus vat!

Mate bought a caster recently, 07 reg, looks a bit tired tbh, not sure on mileage but that was 7k.

tippers seem to have gone through the roof!

powerstroke

10,283 posts

167 months

Wednesday 10th March 2021
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LouD86 said:
My job is selling New and Used commercials, and I think currently its about 38% up in value on the majority. Its bonkers. There are vehicles I have purchased off customers, and are selling again, 4 years later, with additional 30k miles for more than the customer purchased for in 2017! Its bonkers. I don't think its going to go down for a long while either
I think they will go down soon ,certainly in the next 12 months!!supply and demand and there is a lot of leggy overpriced stuff still for sale that’s been on autotrader eBay etc for months ,
once the factories get going and the manufacturers have plenty of stock the rental people will be offered daft deals again and the auctions will be bursting again with year old low mileage stuff ,also a lot of the big fleets haven’t swapped because the converters haven’t been working or they weren’t making purchasing decisions, then we have all the people with government grants , loans and furlough money , that will run out and the cold reality of the real economic situation will bite ... IMHO !!




Edited by powerstroke on Wednesday 10th March 08:49

Ziplobb

1,410 posts

291 months

Wednesday 10th March 2021
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Prices might be high but i think buyers are thin on the ground for private sales. Had my Transit DCIV 170 auto advertised for a while , no enquires at all really

jonwm

2,567 posts

121 months

Tuesday 8th June 2021
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Don't normally frequent these parts but needed to check the sanity of my mates latest purchase, judging by the posts here he is right.

He has just paid (yesterday) £19k for a 100k mile 2016 Transporter startline T28 so no aircon and no frills but has a "GTI" bumper on it and some 20inch wheels that need a refurb and some dich finders, he says he got a cracking deal.

What has the world come too.