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he temperature's rising
Page 73
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we look forward to the summer CVAs Charlie Wright has been
reflecting on the state of the market. Apart from a slow auction at the
start of May, trade has been busy busy busy.
Last year everybody was amazed at how well business held up going into the last quarter: 2005 promised much and despite a dip at election time CVA is, on the while, performing strongly.
e caught up with Wright in between au tions as he mulled over the two sales in May which produced a marked difference.The first, on May, was sideswiped by the General Election. Business really clipped, he reports."I ca 't understand why that is. Lads were phoning upind everyone was the saying the same. Pe ple who usually bought one Monday and sol it Wednesday had vehicles parked up." Come Wednesday 18 May and all that had changed.About 470 vehicles and 120 trailers went under the hammer —120 more than the preious sale. In Wright's words, everything wa "back on form".
With sales finishing after 5pm, phone calls to finance houses and vehicle owners about provisional bids are likely to be met with answering machines so, increasingly, business is c ncluded on the Thursday.
\Thile stock includes 53-plated vehicles the bulk continues to be bread-and-butter CVs
hitting the domestic market at three and four years old, with older stock heading overseas.
Tractors are doing well overseas buyers seem particularly interested in MAN tractors registered in 1999 when their power increased from 403 to 414hp,This has led to a marginal increase in price as these vehicles head to Lithuania. Poland and Russia.
Surefire winners
Scania's 3-Series tractor is also performing well on the export market, with R113 tagaided six-wheelers seen as surefire winners, attracting bids up to £6,500. In fact any Scania with an R-cab dating from 1988-1997 sells well. The 1995/6 P-cab is selling, although Wright warns that there aren't too many left. Scania is currently outgunning all the other manufacturers at the auctions, Demand is still strong for multi-axle rigids with late stock thin on the ground. Recently a 1999 Scania P94 with an insulated aluminium body fetched £16,100-1600 over CAP Red Book value — despite some minor damage. Of those tippers which come up for sale — mostly 1996 and 1997-plated examples—the majority are heading overseas.A Cypriot law banning body conversions has further boosted demand for better quality stock.The line in the sand between tippers bound for the domestic and export markets is 2000 (W-reg).
By comparison the market for 18-tonners is quiet, but several 2001 Daf CF65 former bread vans attracted a lot of interest as the first of the new range.They came with tail-lifts and day cabs; their new owners were split between the rental sector and the trade.
The 7.5-tonners continue to perform well with tippers much in demand.Ten 2002-plated tippers from a hire fleet performed well and some box vans from a rental company that was "over-stocked" were also snapped up.
Among the trailers were several 1998 Fruehauf flats for steel that attracted some strong bidding, as did a raft of tipping trailers. Stock as late as 1998 went to Russia, with 2003 tipping trailers remaining on the domestic scene for the foreseeable future. •
All prices are ex-VAT