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Business is booming

20th October 2005
Page 73
Page 73, 20th October 2005 — Business is booming
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Which of the following most accurately describes the problem?

George Alexander, chief commercial vehicle editor at Glass's Guide, reports that there's a seller's market for good quality vehicles_

The outlook for the used CV market is strong, according to Glass's Guide chief commercial vehicle editor George Alexander. with plenty of demand from domestic and international buyers for nearly all well-presented chassis, tipper and tractor units".-The balance with supply is close to ideal," he adds.

Plenty of willing buyers

If you've got the right stock then willing buyers will snap it up. The difficulty, therefore, becomes locating and then acquiring desirable auction lots at figures that leave enough margin of profit." Alexander adds. In the van sector one of the strongest performers is the Mercedes-Benz Vito CD1. Alexander reports that those with low mileage and full service histories do well, which is also helped by the popularity of — the latest shape Vito top-condition examples are fetching almost as much as new.

The same could be said of the Volkswagen's T4 Transporter. which is still selling well, with the T5 reaching impressive prices matching the Vito CDI and fetching nearnew prices. Numbers and choice of models are at 3.5 tonnes; Alexander says this is leaving 'sub-standard' examples struggling against any optimistic price. II

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