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Transit demand pushes up auction prices

BCA has recorded a price rise for Ford’s commercial vehicle range, with some vehicles achieving higher prices than when the first nearly new vehicles came onto the market last December.

A recent sale at BCA Nottingham saw every van sold at premium prices.

A BCA spokesperson said: "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."

The highest price in sale went to a 0606 new Transit 430 17-seat minibus in metallic tonic, which sold for £20,000, £900 more than similar spec versions sold at the launch sale over three months ago. SWB, MWB and LWB vans and chassis cabs also saw similar scale increases versus the launch event underlining the demand for the 2007 International Van of the Year in the used commercial arena.

"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," said BCA.

Fiesta Vans continued to make strong money, with a 0606 1.4 Tdci van in silver at 2,000 miles selling for £7,050. Connect also performed strongly, with LWB vans making up to 111% CAP Clean and SWB Connect Vans achieving up to a remarkable 127% CAP Clean.

Old model Transit prices remained very strong, with several 0606 Transit 280 123bhp Tdci SWB Hallmark vans at around 20,000 miles selling for up to £9,600.

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