NEW VAN SALES REACH 10 YEAR HIGH
The new light commercial vehicle (LCV) market achieved a solid performance in August 2016, growing 6.3% compared with August 2015, figures published by SMMT reveal. 15,385 new LCVs were registered in Britain – the highest volume for the month since 2006, as businesses took advantage of low interest rate finance packages and discounts.
USED VAN VALUES INCREASE
Average year-on-year used LCV values rose by 6.9% (£387) in August 2016 according to British Car Auctions
The average age of vans sold at BCA’s auctions fell by just under three months to 53.4 year-on-year while mileage dropped by 6550 miles to 69,632.
BCA’s head of Commercial Vehicles, Duncan Ward, said “Buyers have more choice now than they have experienced at any time this year and are understandably focusing on the best-presented vehicles”.
Find great deals on Van Insurance at www.quotelinedirect.co.uk/van/ or visit their insurance blog for the latest news and views.
FORD INTRODUCE SUPERKEY
Ford has introduced a super-tough version of its ignition key for its Transit and Transit Custom vans.
The American manufacturer claims that this new key will still be able to work after being submerged underwater for half an hour, dropped onto a concrete floor 50 times or after being exposed to temperatures ranging from -20 degrees to 60 degrees.
According to Ford, the key fob is permanently sealed shut to ensure it is completely waterproof, with the two halves being joined together by friction welding, while the inside of the key contains a battery cell which is recharged whenever it’s placed in the ignition slot.
POOR CREDIT HISTORY VAN FINANCE
Moneybarn, the UK's largest non-standard car finance provider have announced the launch of a new product offering finance for light commercial vehicles. See our 'Articles' heading for more details.
THE FINAL WORD…
Just what do we know about the much-discussed ‘White Van Man’? Here are some facts:
There are 2.5 million white vans in the UK? That is 1 White Van to every 24 members of the UK population.
Where are the most White Van drivers? 1st - Essex; 2nd - Kent; 3rd Lancashire.
Who invented the term "White Van Man"? The term "White Van Man" was first coined by Sarah Kennedy on BBC Radio 2 back in 1997.
The average distance driven in a year by a White Van Man is 9,426 miles. That's the equivalent of driving the length of the country almost 13 and a half times!
£1,026 is the average value of contents in every van.
White Van drivers are a careful bunch: 68% of drivers have no insurance claims!