Does the time of year affect a van’s value?
Yes. The seasons play a massive role in the value of your van!
Seasonal trends in the market can influence demand, price fluctuations, and buyer behaviour. For instance, summer might see higher demand for camper vans, while winter could boost the value of vans suited for adverse weather conditions.
Understanding these seasonal patterns can help you make a good decision as to when to sell your van.
- How the different seasons affect your van’s value
- Other factors that influence a van’s value
- How to get the most out of your van’s resale value
- Tips for when it comes to selling your van
- FAQs
How the different seasons affect your van’s value
Spring:
🌦️ Increased demand for camper vans and recreational vehicles as people make travel plans for the summer.
🌦️ Higher interest in delivery vans for businesses ramping up operations post-winter.
Summer:
☀️ Peak demand for camper vans, sending their value through the roof.
☀️ Tradespeople may seek work vans for summer-related projects, increasing prices.
Autumn:
🍂 Decreased demand for camper vans as the holiday season ends, potentially lowering prices.
🍂 Increased interest in vans suitable for harsh weather preparations, like insulation or heating systems.
Winter:
❄️ Higher demand for vans equipped for adverse weather conditions, such as snow tyres and heated interiors.
❄️ Delivery vans see a spike in value due to increased e-commerce and holiday deliveries.
❄️ Lower overall market activity can result in more competitive pricing.
Other factors that influence a van’s value
🚚 Make and model: A van’s make and model significantly influences its value. Popular brands and models are generally more sought after and retain their value better due to their reliability and strong reputation.
🛣️ Age and mileage: Newer vans with lower mileage are typically more valuable. At the same time, high mileage can considerably reduce a van’s worth.
🧽 Condition: The overall condition of a van plays a major role in determining its value. Vans that are well-maintained, with no significant dents, scratches, or mechanical issues, tend to fetch higher prices.
🔧 Service history: A full-service history and recent maintenance can further boost a van’s value, as they prove it has been well maintained and looked after.
📦 Van use: How the van has been used matters. Vans used for light-duty purposes are usually in better condition and more valuable, whereas those heavily used for commercial purposes may depreciate faster.
📡 Modifications and features: Whether a van has had changes made to it affects its value. Extra features like air conditioning, GPS, and advanced safety systems can make a van more appealing and valuable. However, custom modifications for specific needs, such as refrigeration units, can increase or decrease the van’s value depending on the buyer’s requirements.
📈 Market demand: High demand for specific types, like electric or eco-friendly vans, can drive up prices, while niche markets may place a higher value on specialised vans.
📉 Economic factors: Economic downturns often decrease overall vehicle values, while fluctuating fuel prices can impact the demand for more fuel-efficient vans.
🧑⚖️ Regulations and emission standards: Compliance with local emission standards can enhance a van’s value, whereas older vans that do not meet current regulations may see reduced demand.
How to get the most out of your van’s resale value
There are a few basic steps to follow to maximise your van’s resale value:
- Ensure it is well-maintained with regular servicing and repairs.
- Keep detailed service records to show prospective buyers.
- Address any mechanical issues promptly and maintain the van’s exterior and interior cleanliness.
- Consider adding popular features like air conditioning or GPS.
- Timing your sale with peak demand periods, such as spring or summer, can also help.
Tips for when it comes to selling your van
- Clean and detail your van: A clean and well-presented van creates a positive first impression. Ensure the interior and exterior are spotless, and consider a professional detailing service for the best results.
- Gather documentation: Collect all relevant documents, including service records, MOT certificates, and repair receipts. A well-documented history reassures buyers about the van’s maintenance and reliability.
- Take quality photos: High-quality photos from multiple angles can make your listing stand out. Include shots of the exterior, interior, engine, and any unique features. Good lighting and a clean backdrop enhance the appeal.
- Set a competitive price: Research similar vans in the market to set a realistic and competitive price. When determining its value, consider the van’s age, mileage, condition, and any added features.
- Advertise effectively: Use multiple platforms to reach a wider audience, including online marketplaces, social media, and local classifieds. Write a detailed and honest description highlighting key features and benefits to attract serious buyers.
FAQs
What is the best month to sell a car?
The best month to sell a car is typically March. This is due to the release of new number plates in the UK, which boosts buyer interest in new and used vehicles. Increased demand during this period can result in higher resale values.
What is the slowest month for selling cars?
January is generally the slowest month for selling cars. Post-holiday financial strain and poor weather conditions contribute to low buyer activity. Additionally, many potential buyers wait to purchase decisions until the new number plates are released in March.
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 and maintaining your van’s value. Understand your car’s worth in the wider market.
- Sell my car
- Track your car value
- How to sell your van online
- Van valuation – the ultimate guide
- How to check if your car or van’s MOT is up to date
- The van driver’s guide to London’s ULEZ
- Does market demand affect a van’s value?
- Does the condition affect a van’s value?
- Does specification affect a van’s value?
- The (not quite) A to Z of different types of vans