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Finding vans whilst prices and demand is so high.

by | Apr 8, 2021 | All Articles, Vans | 0 comments

A shortage of new vans, a hike in prices of used vans – just how do you find a van these days?

The issue with new van supplies has been well documented.

But just to give a quick recap, here’s of some of the main issues;

    • Covid-19 has lead to a rise in demand for delivery vehicles, with the larger retail companies snaffling up huge swathes of new van supplies.
    • Another issue with the Pandemic is that the differing virus rates from country to country has lead to the manufacturing industry being fragmented.
    • In addition to this, the manufacture and supply of various components has slowed new vehicle production.

The upshot is that we’ve been receiving reports of some new vans not being available for delivery until late July.

Our panel of experts have been scouring the markets and finding similar outcomes. The good news is that we have been able to find a limited number of new vans that are available now.

But if you can’t find the vans you need, what are your options?

Are used vans an option?

The used van market is pretty volatile at the moment.

The supressed supply of new vans means that the demand for nearly-new and used vans has shot up.

The knock-on effect of this?

Prices of used vans are soaring. In some cases as much as 26%.

This means it’s very much a seller’s market.

Of course, if you are selling your used vans, you will get more for them. Of course, if you then just go and replace them with a used van, you’ll pretty much end up where you were.

Still, if vans are needed right away, it is understandable that businesses will turn to the used van market regardless.

Many businesses are looking to switch out of EURO 5 diesel vans as the Clean Air Zones start coming into effect.

But whichever way you shake it, switching into used vans in a market as volatile as this – in our honest opinion – might be rather unnecessary.

So what is the solution?

First of all, if you are looking for a new van for the summer onwards, you absolutely need to start looking and placing orders now for delivery in the summer. 

But if you are really struggling to find something – our advice would be to wait it out – if you can.

The issues in the supply chain are easing and the benefits of this are a couple of months away.

As the new van market settles down, the used van market will also settle down.

To that end, if you are looking to sell a used van – now would be the right time, but only if you can switch up into a new van that’s available.

As we mentioned earlier, we have been able to find limited numbers of vans that are available right now. If you would like us to try and find you a van, drop us a line using the form below.

But in our opinion, the most obvious thing to do right now, is that unless it’s absolutely necessary, then don’t rush into any deals out there. It will get better soon.

If you have any questions or comments on your experiences with van supply issues, please feel free to leave a comment in the comments section at the bottom of this page.

 

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