The Number 1 Resource for Vocational Truck Fleets

Remarketing

Full-Size Vans Holding Resale Value

April 03, 2018

Photo of Chevrolet Express van courtesy of GM.
Photo of Chevrolet Express van courtesy of GM.

Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.

The average selling price for vehicles in the segment increased in value when compared to January and February of 2017 with an average selling price of $13,032 per unit. That was a 0.4% improvement from the prior month and 1.5% gain over a year ago. The category has the sixth-highest price average of the 13 truck and car categories tracked by Kontos.

Full-size vans bested the average of the eight truck categories, which sold for an average of $12,647 in February, which was up 3.3% from January and flat on the year. The five passenger car categories sold for an average of $8,609, which was down 1.6% from the prior month and down 1.4% from the prior year.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All

 

Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All

 

Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All

 

Executive Report

How to Use GPS to Measure a Quality Stop

The next step in using GPS tracking technology is to manage miles, fuel and customer activity together to achieve greater net profit per visit.
 
Sponsored by

The California ARB oversees all air pollution control efforts in California to attain and maintain health-based air quality standards.

Read more