According to the UK’s leading vehicle auction company, British Car Auctions (BCA), the commercial vehicle range from Ford continues to attract premium prices at auction.  A recent sale staged at BCA Nottingham sold every van on offer with new Transit prices actually rising above the prices achieved when the first nearly new vehicles came onto the market last December.

BCA’s Duncan Ward commented, “Demand such as this is really unprecedented, but as many commercial vehicle dealers are short of quality used stock the competition between buyers is intense.  Prices for ‘used’ new Transits are now around 5% higher than they were four months ago.”

“For companies running the latest Transit models, this is very good news as it suggests demand will keep values relatively high for well maintained examples in good condition.  Interestingly, values for old shape Transits have also firmed. 

“Buyers attending auction to buy Transits for their own business should be prepared to bid strongly, particularly if they want the desirable new shape vans.”

Ward added “An auction is one of the best places to source a van, all competitively priced, to suit a range of businesses.   And whilst business owners might be apprehensive about the auction process – thinking it’s just for dealers and expert vehicle buyers - it doesn’t have to be a daunting experience.  With a little knowledge you can get a great deal.”