A NEW report from Cox Automotive says the record LCV values of 2021 will fall away to a more familiar seasonal norm in 2022.
It also said that it expected a large number of Euro 5 pandemic-worn vans to be hitting the auction halls.
Matthew Davock (pictured above), director of commercial vehicles, Cox Automotive, said:
“The well-publicised rollout of low emissions zones around the UK will deliver more used Euro 5 vans into the used wholesale marketplace, but at a cost. Despite market softening, buyers will still have to pay higher prices than pre-pandemic levels for ‘pandemic-worn’ vans that have higher miles and lower standards of condition.
“An increasing awareness of greener, more economical, Euro 6 and electrified vans, will be much higher on the priority list of buyers throughout 2022, due to consumers being more educated and aware of the future landscapes and rollout timescales.”
Automotive and fleet writer for Broker News
