The number of used van finance deals is
increasing for the first time since the recession began, according
to Broadway Motor Company.
The GE-owned used light commercial vehicle
specialist said that the number of used vans and trucks are now
double the level of 12 months ago.
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According to Ian Griffiths, national sales
leader at Broadway, the new trend depends on more used buyers
opting for finance, as well as more of them being accepted for
finance.
Griffiths said: “An easing of finance will
probably be a key factor in the used van and truck markets
continuing the recovery of recent months, so this is a very welcome
development.”
Griffiths added that most of the finance deals
being signed were with trades people returning to the commercial
vehicle market after weathering the worst of the recession.
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