THE economy is once again buoyant and this, of course, has been welcomed by us all.
However, one of the knock-on effects, based on recent SMMT research, has been a rising demand for vans.
Top 5 Pre-Order Vans from Global Van Solutions
- New Citroen Relay
- New Ford Transit Custom
- New Vauxhall Vivaro
- Nissan NV200 & NV400
- New Ford Transit
The resulting shortage has caused problems for many SMEs across the UK, who haven’t allowed the time that was necessary to order their replacement van when their leasing term is up.
The demand for new van is also linked to a much-publicised shortage of quality used van stock.
Shortage of used vans
Used vans have also increased dramatically in value – this trend started when the UK fell into recession. The current “van boom” has resulted in three -year old used vans achieving almost 50% more than their trade price back in 2010, according to residual value experts CAP Automotive.
Tim Cattlin, commercial vehicle forecast value expert for CAP says;
“Nobody in the industry, including ourselves, anticipated the rate at which demand has increased… we believe the market for used light commercial vehicles will remain buoyant for the next few months but values will begin to ease later in the year.”
New van build delays
In addition, the sheer number of new vans that are coming onto the market (like the new Citroen Relay, Fiat Ducato, Peugeot Boxer, Vauxhall Vivaro, Renault Trafic, Ford Transit and Mercedes Vito) has actually made the supply shortage worse as manufacturers are scaling down old model inventories and gearing up for increased production of the new models.
With new van lead times typically 16 weeks or more, companies are finding themselves without suitable vehicles to continue their daily business when the time has come to replace them.
How to beat long van lead times
If you are looking for a van for speedy delivery, then you will have experienced the issues we’ve just talked about – van availability at the moment is most definitely a problem.
How quickly can I get a van?
- New shape Citroen Relay in stock ready for 7-10 days delivery – standard factory order time is 14 weeks
- New shape Ford Transit in stock ready for 7-10 days delivery- standard factory order time is 14 weeks
- New Vauxhall Vivaro we be available for mid-September delivery – standard factory order time is 12 weeks
- Nissan NV200 and NV400 in stock ready for 7-10 days delivery – standard factory order time is 12 weeks on NV200 / 16 weeks on NV400
So how do you get to the front of the new van queue?
With a little research from those van leasing specialists that have thought ahead -firms such as Global Van Solutions.
Jon Lewis, who is a director at Global Van Solutions, says their knowledge and experience in the market has helped put them in a better situation to service trades and small van fleets by pre-ordering those vans which they had anticipated being top sellers.
“We have pre-ordered a large number of our top-selling vans,” says Jon. “All of these vans are not easy to get and we have different colours arriving soon and in stock.
“We understand that customers don’t always want white, so we’ve also ordered in silver, black and red.
“In terms of van turnaround, we can fit items like ply lining and roof racks pretty much straight away, so when the finance process is completed, a very speedy delivery is what we always aim for.”
Jon adds:“We have a large panel of lenders and can cater for companies who may find getting finance a little more challenging.
Our main product is finance lease, although we also offer contract hire and purchase options.”