AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

by far outstripping supp y, especia y w ere ate-year

5th February 2004
Page 71
Page 71, 5th February 2004 — by far outstripping supp y, especia y w ere ate-year
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

BCA holds regular truck and trailer sales at Bellevue in Manchester,Measham in Leicestershire. Newmains in Scotland and Newport in South Wales."On average we see 175 entries per sale at the first two, and 60 to 70 entries at the others," says Ward. "Our conversion rate is 60-70%.

-At present demand is by far outstripping supply. especially where late-year low-mileage vehicles are concerned, with buyers competing across the board for stock. Certainly the market has a more settled feel to it than perhaps was the case in previous years, and they have the confidence to bid strongly.

"Economic conditions are favourable, and finance remains cheap — both situations that spell good news for anyone selling trucks," he adds.

Turning to light commercials, Lutons and boxvans are in big demand at auction, and car-derived vans are enjoying a marked resurgence."There are plenty of them about,so buyers are able to cherry-pick the best examples," he says.

"Demand for dropsides and tippers is strong too, perhaps reflecting the house-building market, which is particularly buoyant in the south. Self-employed builders and decorators have been noticeably active here. Late-plated 4x4 double cabs remain very desirable, witt strong bidding whenever they a offered." •

Tags

People: Ward
Locations: Manchester, Newport