Does service history affect a van’s value?

    white fleet of vans

    In a word… yes! Service history significantly impacts a van’s value

    A comprehensive service record demonstrates that the vehicle has been adequately maintained, which boosts buyer confidence. Vans with a full service history often command higher prices, as they are seen to be more reliable and less prone to issues.

    Read on to find out more.

    Why having a full service history for vans is important

    van service history
    Sooner is better than later when it comes to selling your van!

    Sometimes shortened to FSH, a full service history is a comprehensive record of all servicing and maintenance on a van—more on this next. Having an FSH can indicate that the vehicle has been well cared for, which is crucial for potential buyers. It helps assure them of the van’s reliability and can lead to a higher resale value than those without such records.

    What does a van’s service history include?

    A full service history includes various records that detail a vehicle’s maintenance. Key components typically include:

    • 📕The service book, which logs all services performed
    • 🧾Invoices for parts and labour
    • 📜Any additional documentation, such as MOT certificates 

    Each entry should include:

    • 📅Dates
    • 🛣️Mileage
    • 🔧Types of services conducted

    This thorough documentation reflects the van’s maintenance and helps potential buyers assess its condition and reliability, making it easier for them to decide whether to buy.

    The difference between main dealer and independent service histories

    Choosing between main dealer and independent service histories can significantly influence a van’s value. This is because main dealer service histories often carry more weight, as they typically indicate adherence to manufacturer standards and the use of genuine parts. This reassures buyers about quality and reliability. 

    On the other hand, while independent services may offer competitive pricing, they may lack the same level of credibility.

    How does service history affect a van’s valuation?

    Comparing full, partial, and missing service histories

    When assessing a van’s service history, understanding the differences between full, partial, and missing records is crucial:

    Full service history indicates comprehensive maintenance documentation, which can enhance resale value. 

    Partial service history shows some maintenance but lacks complete records, often reducing buyer confidence.

    Missing service history suggests neglect, significantly impacting valuation negatively.

    The role of main dealer service histories in valuation

    A main dealer service history is crucial in determining a van’s valuation. Vehicles serviced by main dealerships often adhere to manufacturer standards, boosting buyer confidence. 

    These records typically include comprehensive documentation of all maintenance performed using genuine parts. This transparency can lead to higher resale values compared to those with independent service histories.

    The impact of service history on different van types

    Evaluating servicing needs for diesel, petrol, hybrid, and electric vans

    Diesel vans

    Regular oil changes and filter replacements are typically carried out to maintain efficiency. 

    Petrol vans

    Like diesel vans, petrol vans need consistent servicing but may have fewer emissions-related checks. 

    Hybrid vans 

    Requiring attention to the combustion engine and electric components makes specialised care necessary. 

    Electric vans

    Generally, they have fewer moving parts, so the focus is on battery health and software updates. This makes tailored servicing critical for optimal performance and longevity.

    Special considerations for older vans and collectables

    Older and collectable vans require unique servicing considerations to maintain value and performance. Regular maintenance is essential, but sourcing authentic parts can be challenging and often costly. 

    Additionally, vintage models may need specialised knowledge for repairs and servicing to avoid compromising authenticity. Keeping detailed service records is also crucial, as provenance significantly affects valuation.

    Recovering a missing or incomplete service history

    1. Gather existing documentation

    Collect any available documents, such as service books, invoices, and MOT certificates. These will serve as the foundation for your reconstruction.

    2. Contact previous owners

    If possible, contact the previous owners. They may have records or knowledge of any undocumented services.

    3. Reach out to service centres

    Contact garages or service centres that may have serviced the van. They can often provide past maintenance records, even if not documented in a service book.

    4. Check online resources

    Use online vehicle history services. Many platforms offer access to service records and maintenance history linked to the vehicle’s VIN.

    5. Document everything

    As you gather information, compile it into a comprehensive service history. Include dates, mileage, and details of all services performed to create a complete overview.

    6. Keep records updated

    Once you have reconstructed the service history, ensure you maintain it by documenting all future services promptly to preserve the van’s value.

    FAQs

    Does having a full service history guarantee me a higher selling price?

    No. A full service history dramatically increases the likelihood of a higher selling price but doesn’t guarantee it. Factors like the van’s condition, market demand, and mileage are crucial in determining its final value during the sale.

    How can one verify the authenticity of a van’s service history?

    To verify a van’s service history, check for consistent documentation, contact service centres for records, and look for stamps in the service book. Additionally, vehicle history services can provide insights into past maintenance, helping confirm the service records’ authenticity.

    Is maintaining a full service history cost-effective?

    Yes. Maintaining a full service history can be cost-effective in the long run. Regular servicing prevents major issues, reducing costly repairs over time. Additionally, a strong service history can enhance resale value, offset maintenance costs, and yield better financial returns when selling the van.

    Ready to sell your van?

    Want to read more about owning, valuing, and selling your van? Check out more of our guides here, covering everything from depreciation to maintaining your van’s value. Understand your van’s worth in the wider market.