The slowdown in the used LCV wholesale market we reported in last month’s edition has continued along the same path. We placed this down to the seasonal effect of the Easter Holidays, however, this seems to have continued longer than expected with considerably lower auction attendances and sales conversion rates evident throughout May.
Discerning professional buyers appeared to be more selective with regard to age, mileage and condition and, generally, they seemed to be buying vehicles in lower numbers than we have observed of late. Sales conversion rates were reported to be down by around 15%-20% which gave credence to comments we’d heard from some dealers about a drop off in retail demand.
As we keep saying though, with the UK economy improving at a rate that appears to be confounding even the most seasoned pundits, we don’t see anything on the horizon to suggest that another crisis might be on the way. It seems more likely that we have been witnessing the release of some pent up demand over the past few months and this has resulted in used wholesale prices for many models reaching record levels. In the longer term this was always going to be unsustainable because used retail prices were getting far too close to vehicle manufacturer’s list prices.
With many manufacturer approved dealers offering discounts on new and pre-registered models, for many owner/operators and SMEs, the viability of buying a used LCV was becoming increasingly questionable and the used LCV market could easily have become a victim of its own success. Compared to last month, auction entries were up by 23% whilst the average age of vehicles increased slightly from 63 months to 64 months. The average recorded mileage decreased slightly from 84,967 to 81,836 miles and, from our own independent vehicle inspections, the average repair cost for body panel damage on vehicles presented for sale has increased from £310 to £413 over the month.
LCV Used Stock Trends
LCV Sector
January
February
March
April
May
Auction Entries % change from previous month
+17%
-8.5%
+1.5%
-7%
+23%
Average Age (Months)
60
65
65
63
64
Average Mileage
85,026
86,343
83,756
84,967
81,836
Average Body Repair Cost
£370
£249
£311
£312
£413
June: LCV Used Guide Price Movements 3 year / 60k
LCV Sector
Average % Movement
Average Value May
Average Value June
Car Derived Van
-1.6%
£4,109
£4,043
Light Van
-2.6%
£4,139
£4,032
Medium Van
-3.7%
£6,045
£5,818
Up to 3.5T
0.4%
£8,990
£9,030
Over 3.5T
1.0%
£10,779
£10,910
4x4 Pick-up Workhorse
-5.3%
£10,251
£9,709
4x4 Pick-up Lifestyle SUV
-6.0%
£10,491
£9,862
Forward Control Vehicle
2.9%
£9,381
£9,658
Mini-bus
-1.9%
£9,487
£9,309
Vat Qualifying
-3.0%
£11,535
£11,190
March 2014
April 2014
May 2014
LCV Sector
Market Share
Performance
Market Share
Performance
Market Share
Performance
Car Derived Van
4.18%
102.64%
5.87%
99.61%
4.39%
97.34%
Light Van
22.01%
100.02%
21.70%
95.43%
23.59%
93.18%
Medium Van
8.80%
97.12%
9.36%
95.03%
9.99%
92.87%
Up to 3.5T
51.12%
103.45%
50.14%
99.75%
47.60%
97.25%
Over 3.5T
0.15%
111.23%
0.14%
94.44%
0.09%
101.47%
4x4 Pick-up Workhorse
2.80%
97.85%
2.59%
97.04%
2.98%
95.04%
4x4 Pick-up Lifestyle SUV
8.35%
98.52%
7.62%
96.41%
8.69%
94.39%
Forward Control Vehicle
0.15%
120.38%
0.28%
101.21%
0.28%
98.94%
Mini-bus
0.98%
93.45%
1.20%
103.66%
0.99%
97.20%
Vat Qualifying
1.46%
103.99%
1.08%
102.85%
1.39%
98.11%
Total Market
100.00%
101.48%
100.00%
98.12%
100.00%
95.56%
The top 10 models in the sector tables below are intended to give you a clearer view of what’s driving the market. It should be noted that that the Sector Share is based on actual sales and not the availability of these models in the marketplace. The %CAP performance values are also based on actual sales.
Since our guide values reflect the market prices of basic vans in plain white as they appear in the vehicle manufacturer’s price lists, some of guide price movements you might see in this edition may not correlate directly with the sales performances shown in the tables which include vehicles in all colours and specifications.
In some of these tables you may also notice the same model description appearing more than once, however, the CAP Identity numbers will always be unique. Generally the lower CAP Identity numbers signify older models and higher ones are newer models; further details can be found by looking up the model/CAP Id number in the prices section of the guide.
APId
Car Derived Van
Sector Share
%CAP
9733
ASTRAVAN DIESEL - Club 1.7 CDTi Van
15.98%
100.7%
9731
ASTRAVAN DIESEL - Club 1.3 CDTi Van
13.61%
94.0%
15854
FIESTA DIESEL - 1.4 TDCi Van
10.06%
100.4%
11121
CORSAVAN DIESEL - 1.3 CDTi 16V Van
9.47%
86.2%
8815
FIESTA DIESEL - 1.4 TDCi Van
8.28%
91.8%
9734
ASTRAVAN DIESEL - Sportive 1.7 CDTi Van
7.69%
97.1%
9736
ASTRAVAN DIESEL - Sportive 1.9 CDTi Van
6.51%
102.8%
15855
FIESTA DIESEL - 1.4 TDCi Trend Van
3.55%
100.1%
7585
ASTRAVAN DIESEL - Sportive 1.7CDTi 16V (ABS)
2.37%
96.1%
5377
206 DIESEL - 1.4 HDi Van
1.78%
59.4%
Overall, market prices in the Car Derived sector have dropped by around 2% over the past month and this has been reflected in this edition with most values decreasing by a similar amount. The only exceptions apply to all models in the FORD FIESTA (09- ) VAN range. We have taken the opportunity to review the model relationships and age depreciation rate within this range to more accurately reflect sales performance against the guide values. This has resulted in some significant guide price movements for this range.
The average market prices of most models in the Light Van sector were down by around -3% resulting in a corresponding downward movement in the guide prices in this edition. Vauxhall Combo (2001-2012) models accounted for around 30% of all sales and failed to achieve the guide values by a wide margin, consequently we have reduced the values across all models in this range by -8%.
Notable exceptions…
CITROEN NEMO (08- ) VAN (-1%); PEUGEOT BIPPER (08- ) VAN (-1%); FIAT FIORINO (08- ) VAN (-1%);
RENAULT KANGOO (08-13) VAN (0%); VW CADDY (04-10) C20 VAN (0%); VAUXHALL COMBO (01-12) VAN (-8%)
CAPId
Medium Van
Sector Share
%CAP
6314
TRANSIT CONNECT 200 SWB DIESEL - Low Roof Van L TDdi 75ps
8.11%
54.6%
11134
DISPATCH L2 DIESEL - 1200 1.6 HDi 90 H1 Van
6.76%
89.5%
6321
TRANSIT CONNECT 230 LWB DIESEL - High Roof Van L TDCi 90ps
6.49%
87.0%
16514
TRANSIT CONNECT 230 LWB DIESEL - High Roof Van TDCi 90ps
5.41%
102.7%
11123
DISPATCH L1 DIESEL - 1000 1.6 HDi 90 H1 Van
4.86%
97.0%
10378
TRANSIT CONNECT 200 SWB DIESEL - Low Roof Van L TDCi 75ps
4.59%
90.5%
10385
TRANSIT CONNECT 220 SWB DIESEL - Low Roof Van L TDCi 75ps
TRANSIT CONNECT 220 SWB DIESEL - Low Roof Van L TDCi 90ps
3.24%
87.3%
11155
EXPERT L1 DIESEL - 1000 1.6 HDi 90 H1 Van
3.24%
96.8%
Average prices have fallen again in this sector resulting in a -3% downward market price movement across most makes/models. Citroen Dispatches from a large telecommunications and media company continue to dominate this sector and are failing to achieve guide values by a wide mark. Notable exceptions this month are...
CITROEN DISPATCH (07- ) VAN (-6%); FORD CONNECT (02-07) T200 PET VAN (0%); FORD CONNECT (02-09) T200-T230 VAN (0%); FORD CONNECT (02-08) T210 PET VAN (0%); FORD CONNECT (09- ) T200-T230 VAN (-1%)
TRANSIT 350 LWB DIESEL RWD - High Roof Van TDCi 115ps
2.88%
98.0%
9551
SPRINTER 313CDI LONG DIESEL - 3.5t High Roof Van
2.88%
94.5%
17297
TRANSPORTER T28 SWB DIESEL - 2.0 TDI 102PS Van
2.54%
97.1%
7591
VIVARO SWB DIESEL - 1.9CDTI (82PS) Van 2.9t
2.15%
74.0%
10435
VIVARO LWB DIESEL - 2.0CDTI [115PS] Van 2.9t
1.75%
101.5%
9158
TRANSIT 280 SWB DIESEL FWD - Medium Roof Van TDCi 85ps
1.53%
102.5%
10405
TRAFIC SWB DIESEL - SL27dCi 115 Van
1.41%
97.2%
10525
RELAY 35 L3 DIESEL - 2.2 HDi H2 Van 120ps
1.36%
91.0%
The overall market prices of Panel Vans in this sector have weakened significantly this month resulting in a -3% downward price movement.
Notable exceptions were…
CITROEN RELAY (06- ) 3.5t VAN (-2%); CITROEN RELAY (06- ) VAN (-2%); FORD TRANSIT (00-06) T260 T280 T300 VAN (+3%); FORD TRANSIT (06- ) T250 - T300 VAN (-1%); FORD TRANSIT (06- ) T330 - T350 VAN (-1%); FORD TRANSIT (06-12) T250 - T350 PET VAN (-1%); M-B SPRINTER (06-13) 2-SERIES VAN (-3%); M-B VITO (03-10) CDi VAN (+3%); M-B VITO (03-10) DUALINER VAN (+3%); RENAULT MASTER (10- ) dCi VAN (-5%); RENAULT TRAFIC (06- ) dCi VAN (-5%); VAUXHALL VIVARO (06-11) VAN (-2%); VAUXHALL VIVARO (11- ) VAN (-2%); VW T5 TRANSPORTER (03-10) VAN (+3%); VW T5 TRANSPORTER (10- ) VAN (-2%).
Sub Sector
% Sales
% CAP
Van
88.24%
97.4%
Tipper
4.35%
98.3%
Dropside
2.72%
99.8%
Chassis
2.62%
77.7%
Box
2.03%
109.7%
Totals
100.00%
99.8%
Overall market price movements are Panel Van [-3%]; Tippers [0%]; Dropsides [+5%]; Chassis Cab [+5%], Boxes, Curtainsides, Lutons [0%]
HILUX DIESEL - HL2 2010 Extra Cab Pick Up 2.5 D-4D 4WD 144
2.88%
102.1%
8086
L200 LWB DIESEL - Club Cab TD 4Work 4WD 113Bhp
1.92%
115.0%
Demand for ‘Workhorse’ 4x4 Pick-ups remains flat and there is plenty of unsold stock around. In addition to last month’s -2% drop in the guide values, it would seem that vendors have further reduced their price aspirations and market prices have fallen on average by a further 5%. This has been reflected in this month’s edition by a -5% drop in values across most makes and models in this sector. Land Rover Defender 2007- model relationships have been reviewed in this edition resulting in some significant pricing movements.
The sales performance for the Lifestyle sector was again disappointing at 94%. Only the cleanest highest spec vehicles in the most desirable colours and with good quality Truckman-type tops seem to be selling with any ease. After factoring in damage and taking into account those vehicles sold inclusive of VAT, an overall downward market movement of -5% has been necessary across all makes and models.
Ford Transit models continue to dominate the used minibus sector of the market and defy any kind of logic when we attempt to reconcile actual sales prices against the established price walk-ups between models. In an attempt to more accurately reflect the prices that buyers are willing to pay for Transit Minibuses, we have taken this opportunity to revise the values relationships between various models which has resulted in some significant price changes in this edition.
LCV Editorial June 2014
The slowdown in the used LCV wholesale market we reported in last month’s edition has continued along the same path. We placed this down to the seasonal effect of the Easter Holidays, however, this seems to have continued longer than expected with considerably lower auction attendances and sales conversion rates evident throughout May.
Discerning professional buyers appeared to be more selective with regard to age, mileage and condition and, generally, they seemed to be buying vehicles in lower numbers than we have observed of late. Sales conversion rates were reported to be down by around 15%-20% which gave credence to comments we’d heard from some dealers about a drop off in retail demand.
As we keep saying though, with the UK economy improving at a rate that appears to be confounding even the most seasoned pundits, we don’t see anything on the horizon to suggest that another crisis might be on the way. It seems more likely that we have been witnessing the release of some pent up demand over the past few months and this has resulted in used wholesale prices for many models reaching record levels. In the longer term this was always going to be unsustainable because used retail prices were getting far too close to vehicle manufacturer’s list prices.
With many manufacturer approved dealers offering discounts on new and pre-registered models, for many owner/operators and SMEs, the viability of buying a used LCV was becoming increasingly questionable and the used LCV market could easily have become a victim of its own success. Compared to last month, auction entries were up by 23% whilst the average age of vehicles increased slightly from 63 months to 64 months. The average recorded mileage decreased slightly from 84,967 to 81,836 miles and, from our own independent vehicle inspections, the average repair cost for body panel damage on vehicles presented for sale has increased from £310 to £413 over the month.
LCV Used Stock Trends
LCV Sector
January
February
March
April
May
Auction Entries % change from previous month
+17%
-8.5%
+1.5%
-7%
+23%
Average Age (Months)
60
65
65
63
64
Average Mileage
85,026
86,343
83,756
84,967
81,836
Average Body Repair Cost
£370
£249
£311
£312
£413
June: LCV Used Guide Price Movements 3 year / 60k
LCV Sector
Average % Movement
Average Value May
Average Value June
Car Derived Van
-1.6%
£4,109
£4,043
Light Van
-2.6%
£4,139
£4,032
Medium Van
-3.7%
£6,045
£5,818
Up to 3.5T
0.4%
£8,990
£9,030
Over 3.5T
1.0%
£10,779
£10,910
4x4 Pick-up Workhorse
-5.3%
£10,251
£9,709
4x4 Pick-up Lifestyle SUV
-6.0%
£10,491
£9,862
Forward Control Vehicle
2.9%
£9,381
£9,658
Mini-bus
-1.9%
£9,487
£9,309
Vat Qualifying
-3.0%
£11,535
£11,190
March 2014
April 2014
May 2014
LCV Sector
Market Share
Performance
Market Share
Performance
Market Share
Performance
Car Derived Van
4.18%
102.64%
5.87%
99.61%
4.39%
97.34%
Light Van
22.01%
100.02%
21.70%
95.43%
23.59%
93.18%
Medium Van
8.80%
97.12%
9.36%
95.03%
9.99%
92.87%
Up to 3.5T
51.12%
103.45%
50.14%
99.75%
47.60%
97.25%
Over 3.5T
0.15%
111.23%
0.14%
94.44%
0.09%
101.47%
4x4 Pick-up Workhorse
2.80%
97.85%
2.59%
97.04%
2.98%
95.04%
4x4 Pick-up Lifestyle SUV
8.35%
98.52%
7.62%
96.41%
8.69%
94.39%
Forward Control Vehicle
0.15%
120.38%
0.28%
101.21%
0.28%
98.94%
Mini-bus
0.98%
93.45%
1.20%
103.66%
0.99%
97.20%
Vat Qualifying
1.46%
103.99%
1.08%
102.85%
1.39%
98.11%
Total Market
100.00%
101.48%
100.00%
98.12%
100.00%
95.56%
The top 10 models in the sector tables below are intended to give you a clearer view of what’s driving the market. It should be noted that that the Sector Share is based on actual sales and not the availability of these models in the marketplace. The %CAP performance values are also based on actual sales.
Since our guide values reflect the market prices of basic vans in plain white as they appear in the vehicle manufacturer’s price lists, some of guide price movements you might see in this edition may not correlate directly with the sales performances shown in the tables which include vehicles in all colours and specifications.
In some of these tables you may also notice the same model description appearing more than once, however, the CAP Identity numbers will always be unique. Generally the lower CAP Identity numbers signify older models and higher ones are newer models; further details can be found by looking up the model/CAP Id number in the prices section of the guide.
APId
Car Derived Van
Sector Share
%CAP
9733
ASTRAVAN DIESEL - Club 1.7 CDTi Van
15.98%
100.7%
9731
ASTRAVAN DIESEL - Club 1.3 CDTi Van
13.61%
94.0%
15854
FIESTA DIESEL - 1.4 TDCi Van
10.06%
100.4%
11121
CORSAVAN DIESEL - 1.3 CDTi 16V Van
9.47%
86.2%
8815
FIESTA DIESEL - 1.4 TDCi Van
8.28%
91.8%
9734
ASTRAVAN DIESEL - Sportive 1.7 CDTi Van
7.69%
97.1%
9736
ASTRAVAN DIESEL - Sportive 1.9 CDTi Van
6.51%
102.8%
15855
FIESTA DIESEL - 1.4 TDCi Trend Van
3.55%
100.1%
7585
ASTRAVAN DIESEL - Sportive 1.7CDTi 16V (ABS)
2.37%
96.1%
5377
206 DIESEL - 1.4 HDi Van
1.78%
59.4%
Overall, market prices in the Car Derived sector have dropped by around 2% over the past month and this has been reflected in this edition with most values decreasing by a similar amount. The only exceptions apply to all models in the FORD FIESTA (09- ) VAN range. We have taken the opportunity to review the model relationships and age depreciation rate within this range to more accurately reflect sales performance against the guide values. This has resulted in some significant guide price movements for this range.
CAPId
Light Van
Sector Share
%CAP
7694
COMBO DIESEL - 1700 1.3CDTi 16V Van
7.93%
58.4%
7696
COMBO DIESEL - 2000 1.3CDTi 16V Van
6.34%
80.2%
7373
CADDY C20 DIESEL - 1.9TDI PD 104PS Van
4.53%
105.8%
7352
CADDY C20 DIESEL - 2.0SDI PD 69PS Van
4.19%
108.4%
15230
PARTNER L1 DIESEL - 850 S 1.6 HDi 90 Van [SLD]
3.96%
90.8%
11465
COMBO DIESEL - 2000 1.3CDTi 16V Van [75PS]
3.28%
85.3%
20703
CADDY C20 DIESEL - 1.6 TDI 102PS Van
2.60%
103.8%
18445
BERLINGO L1 DIESEL - 1.6 HDi 625Kg Enterprise 75ps
2.60%
99.9%
18446
BERLINGO L1 DIESEL - 1.6 HDi 850Kg Enterprise 90ps
2.60%
93.7%
11464
COMBO DIESEL - 1700 1.3CDTi 16V Van [75PS]
2.60%
92.0%
The average market prices of most models in the Light Van sector were down by around -3% resulting in a corresponding downward movement in the guide prices in this edition. Vauxhall Combo (2001-2012) models accounted for around 30% of all sales and failed to achieve the guide values by a wide margin, consequently we have reduced the values across all models in this range by -8%.
Notable exceptions…
CITROEN NEMO (08- ) VAN (-1%); PEUGEOT BIPPER (08- ) VAN (-1%); FIAT FIORINO (08- ) VAN (-1%);
RENAULT KANGOO (08-13) VAN (0%); VW CADDY (04-10) C20 VAN (0%); VAUXHALL COMBO (01-12) VAN (-8%)
CAPId
Medium Van
Sector Share
%CAP
6314
TRANSIT CONNECT 200 SWB DIESEL - Low Roof Van L TDdi 75ps
8.11%
54.6%
11134
DISPATCH L2 DIESEL - 1200 1.6 HDi 90 H1 Van
6.76%
89.5%
6321
TRANSIT CONNECT 230 LWB DIESEL - High Roof Van L TDCi 90ps
6.49%
87.0%
16514
TRANSIT CONNECT 230 LWB DIESEL - High Roof Van TDCi 90ps
5.41%
102.7%
11123
DISPATCH L1 DIESEL - 1000 1.6 HDi 90 H1 Van
4.86%
97.0%
10378
TRANSIT CONNECT 200 SWB DIESEL - Low Roof Van L TDCi 75ps
4.59%
90.5%
10385
TRANSIT CONNECT 220 SWB DIESEL - Low Roof Van L TDCi 75ps
4.32%
100.6%
16534
TRANSIT CONNECT 200 SWB DIESEL - Low Roof Van TDCi 75ps
4.05%
97.1%
6317
TRANSIT CONNECT 220 SWB DIESEL - Low Roof Van L TDCi 90ps
3.24%
87.3%
11155
EXPERT L1 DIESEL - 1000 1.6 HDi 90 H1 Van
3.24%
96.8%
Average prices have fallen again in this sector resulting in a -3% downward market price movement across most makes/models. Citroen Dispatches from a large telecommunications and media company continue to dominate this sector and are failing to achieve guide values by a wide mark. Notable exceptions this month are...
CITROEN DISPATCH (07- ) VAN (-6%); FORD CONNECT (02-07) T200 PET VAN (0%); FORD CONNECT (02-09) T200-T230 VAN (0%); FORD CONNECT (02-08) T210 PET VAN (0%); FORD CONNECT (09- ) T200-T230 VAN (-1%)
PEUGEOT EXPERT (07- ) VAN (-6%)
CAPId
Up to 3.5T
Sector Share
%CAP
9104
TRANSIT 260 SWB DIESEL FWD - Low Roof Van TDCi 85ps
3.73%
94.3%
9155
TRANSIT 280 SWB DIESEL FWD - Low Roof Van TDCi 85ps
3.28%
96.7%
9302
TRANSIT 350 LWB DIESEL RWD - High Roof Van TDCi 115ps
2.88%
98.0%
9551
SPRINTER 313CDI LONG DIESEL - 3.5t High Roof Van
2.88%
94.5%
17297
TRANSPORTER T28 SWB DIESEL - 2.0 TDI 102PS Van
2.54%
97.1%
7591
VIVARO SWB DIESEL - 1.9CDTI (82PS) Van 2.9t
2.15%
74.0%
10435
VIVARO LWB DIESEL - 2.0CDTI [115PS] Van 2.9t
1.75%
101.5%
9158
TRANSIT 280 SWB DIESEL FWD - Medium Roof Van TDCi 85ps
1.53%
102.5%
10405
TRAFIC SWB DIESEL - SL27dCi 115 Van
1.41%
97.2%
10525
RELAY 35 L3 DIESEL - 2.2 HDi H2 Van 120ps
1.36%
91.0%
The overall market prices of Panel Vans in this sector have weakened significantly this month resulting in a -3% downward price movement.
Notable exceptions were…
CITROEN RELAY (06- ) 3.5t VAN (-2%); CITROEN RELAY (06- ) VAN (-2%); FORD TRANSIT (00-06) T260 T280 T300 VAN (+3%); FORD TRANSIT (06- ) T250 - T300 VAN (-1%); FORD TRANSIT (06- ) T330 - T350 VAN (-1%); FORD TRANSIT (06-12) T250 - T350 PET VAN (-1%); M-B SPRINTER (06-13) 2-SERIES VAN (-3%); M-B VITO (03-10) CDi VAN (+3%); M-B VITO (03-10) DUALINER VAN (+3%); RENAULT MASTER (10- ) dCi VAN (-5%); RENAULT TRAFIC (06- ) dCi VAN (-5%); VAUXHALL VIVARO (06-11) VAN (-2%); VAUXHALL VIVARO (11- ) VAN (-2%); VW T5 TRANSPORTER (03-10) VAN (+3%); VW T5 TRANSPORTER (10- ) VAN (-2%).
Sub Sector
% Sales
% CAP
Van
88.24%
97.4%
Tipper
4.35%
98.3%
Dropside
2.72%
99.8%
Chassis
2.62%
77.7%
Box
2.03%
109.7%
Totals
100.00%
99.8%
Overall market price movements are Panel Van [-3%]; Tippers [0%]; Dropsides [+5%]; Chassis Cab [+5%], Boxes, Curtainsides, Lutons [0%]
CAPId
4x4 Pick-up Workhorse
Sector Share
%CAP
16756
HILUX DIESEL - HL2 2010 D/Cab Pick Up 2.5 D-4D 4WD 144
11.54%
84.2%
11047
HILUX DIESEL - HL2 Pick Up 2.5 D-4D 120
7.69%
71.9%
5413
NAVARA DIESEL - Double Cab Pick Up 4WD Di
6.73%
92.2%
11073
DEFENDER 110 LWB DIESEL - Hard Top TDCi
5.77%
87.2%
11045
HILUX DIESEL - HL2 D/Cab Pick Up 2.5 D-4D 4WD 120
3.85%
81.3%
16480
L200 LWB LB DIESEL - Double Cab DI-D 4Work 4WD 134Bhp
3.85%
86.8%
11120
SHOGUN SWB DIESEL - 3.2 DI-DC Equippe Van
3.85%
102.7%
18668
L200 LWB LB DIESEL - Double Cab DI-D 4Work 4WD 134Bhp [2010]
2.88%
102.9%
16755
HILUX DIESEL - HL2 2010 Extra Cab Pick Up 2.5 D-4D 4WD 144
2.88%
102.1%
8086
L200 LWB DIESEL - Club Cab TD 4Work 4WD 113Bhp
1.92%
115.0%
Demand for ‘Workhorse’ 4x4 Pick-ups remains flat and there is plenty of unsold stock around. In addition to last month’s -2% drop in the guide values, it would seem that vendors have further reduced their price aspirations and market prices have fallen on average by a further 5%. This has been reflected in this month’s edition by a -5% drop in values across most makes and models in this sector. Land Rover Defender 2007- model relationships have been reviewed in this edition resulting in some significant pricing movements.
Notable exceptions are…
TOYOTA HILUX (07-10) D-4D WORK (-8%)
TOYOTA HILUX (10-13) D-4D WORK (-8%)
CAPId
4x4 Pick-up Lifestyle SUV
Sector Share
%CAP
18622
L200 LWB LB DIESEL - Double Cab DI-D Barbarian 4WD 176Bhp
7.76%
90.6%
19137
NAVARA DIESEL - D/Cab Pick Up Tekna [Connect] 2.5dCi 190 4WD
5.37%
93.5%
18672
L200 LWB LB DIESEL - D/Cab DI-D Warrior II 4WD 176Bhp [2010]
4.78%
92.9%
18623
L200 LWB LB DIESEL - Double Cab DI-D Barbarian 4WD Auto 176Bhp
4.78%
91.5%
19134
NAVARA DIESEL - Double Cab Pick Up Acenta 2.5dCi 190 4WD
4.48%
96.4%
21674
HILUX DIESEL - Invincible D/Cab P/Up 3.0 D-4D 4WD 171 Nav Lthr
4.48%
89.4%
19135
NAVARA DIESEL - Double Cab Pick Up Tekna 2.5dCi 190 4WD
3.88%
92.7%
10497
NAVARA DIESEL - Double Cab Pick Up Aventura 2.5dCi 169 4WD
2.69%
92.6%
19136
NAVARA DIESEL - Double Cab Pick Up Tekna 2.5dCi 190 4WD Auto
2.69%
93.8%
19501
HILUX DIESEL - Invincible 2010 D/Cab P/Up 3.0 D-4D 4WD 171Nav Lt
2.09%
92.1%
The sales performance for the Lifestyle sector was again disappointing at 94%. Only the cleanest highest spec vehicles in the most desirable colours and with good quality Truckman-type tops seem to be selling with any ease. After factoring in damage and taking into account those vehicles sold inclusive of VAT, an overall downward market movement of -5% has been necessary across all makes and models.
CAPId
Minibuses
Sector Share
%CAP
9094
TRANSIT LWB MINIBUS DIESEL RWD - Medium Roof 15 Seater TDCi 100ps
20.51%
105.0%
11354
TRANSIT LWB EL MINIBUS DIESEL RWD - Medium Roof 17 Seater TDCi 115ps
15.38%
94.2%
11353
TRANSIT LWB EL MINIBUS DIESEL RWD - Medium Roof 17 Seater TDCi 100ps
12.82%
96.6%
9095
TRANSIT LWB MINIBUS DIESEL RWD - Medium Roof 15 Seater TDCi 115ps
5.13%
96.2%
11355
TRANSIT LWB EL MINIBUS DIESEL RWD - Medium Roof 17 Seater TDCi 140ps
5.13%
98.9%
7426
TRANSIT 350 LWB MINIBUS DIESEL RWD - Medium Roof 15 Seater TDi 115ps
5.13%
63.0%
11357
TRANSIT LWB EL MINIBUS DIESEL RWD - High Roof 17 Seater TDCi 115ps
5.13%
93.5%
22266
TRANSIT LWB EL MINIBUS DIESEL RWD - Medium Roof 17 Seater TDCi 135ps
5.13%
89.5%
4874
TRANSIT 350 LWB MINIBUS DIESEL RWD - Medium Roof 17 Seater TDi 90ps
2.56%
105.8%
7427
TRANSIT 350 LWB MINIBUS DIESEL RWD - Medium Roof 17 Seater TDi 115ps
2.56%
92.7%
Ford Transit models continue to dominate the used minibus sector of the market and defy any kind of logic when we attempt to reconcile actual sales prices against the established price walk-ups between models. In an attempt to more accurately reflect the prices that buyers are willing to pay for Transit Minibuses, we have taken this opportunity to revise the values relationships between various models which has resulted in some significant price changes in this edition.
Footer Contact Information
General Enquiries
cap hpi Email: helpdesk@cap-hpi.com Phone: 0113 222 2000 Fax: - Capitol House, Bond Court Leeds LS1 5EZ
Footer Personnel Contact Information
Contact cap hpi today!
+44 (0) 113 222 2008
www.cap-hpi.com/contact
Footer Subscriber Area
Subscriber Area
For our exisiting customers, please click here to login to our Subscriber Area