1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182 
Transit residuals on the up•
Page 69
If you've noticed an error in this article please click here to report it so we can fix it.
The new-generation Ford Transit is going from streng-h to strength on
the used market, says British Car Auctions. Kevin Swallow reports.
Residuals for the new Ford Transit are rising ahead of the rest of the CV market, according to British Car Auctions (B CA).
The unprecedented demand for used Transits is being fuelled by the shortage of good stock across the country, says Duncan Ward, BCA's UK business development manager for CVs.
"I cannot recall any van increasing in value as substantially as the new Transit has," he adds. "You'd expect new models to make strong values when they first enter the used market, which the Transit certainly did. What is more surprising is to see initial launch values substantially improved for comparable vehicles three months later." Transit prices are up £900 compared with last December :average residuals for CV fleet and lease vehicles arc up £200 year on year.
Ward says:"There's little argument that 2007 picked up where 2(X)6 left off a relative shortage of light CV stock and kindly economic conditions for the typical end-user led to sustained demand. Demand is from the bottom up, with older budget vans selling as strongly as desirable retail-ready late-plate stock." •