Manheim Auction shows price disparity between electric Nissans and diesel alternatives

Nissan eNV200

Manheim recorded a record-breaking £1.2m sales performance after holding its annual pop-up premium commercial vehicle auction for Hitachi Capital Vehicle Solutions (HCVS), but admits that there is still a big price difference between electric and diesel markets.

The sale of six Nissan e-NV200 electric vans helped contribute to the total amount.

Hammer values between both markets differed: Manheim recorded an average joint value of £12,750, with the EVs achieving “116% of their CAP value and more than double (214%) that of diesel”.

The e-NV200s had completed 11,000 miles on average and were 49 months old. The average value of these vehicles, Mannheim said, “was £10,975 vs £6,000 for an equivalent diesel variant”, showing the gap between the two fuels.

Mathew Davock, director of commercial vehicles at the auctioneer, said: “With the London ULEZ now live and an increased awareness of the planned clean air zones, we are seeing pent up demand for used electric vans. This outstanding result proves the confidence in the used market for the proven technology.”

However, Davock does admit that “with only 6,500 electric vans registered in the UK, these are a drop in the ocean of the 4.3 million vans on UK roads. We are still seeing very few electric vans in the lanes. In the last 18 months, volumes have only represented 0.2% of total vans sold.”

“Historically, the early phase vans were not OEM, such as the Eddison Transit and Azure Connect. As battery range improves and more OEMs develop or build their BEV product, we need some electric price parity to diesel. No doubt used electric vans will be in strong demand in the next 10 years and beyond”, Davock concludes.  

 

 

Cool £2m of Isuzus to VMS

Isuzu Truck has supplied 37 new 7.5-tonne refrigerated rigids to VMS Fleet Management Ltd’s rental division, VMS Vehicle Hire.

The N75.190s, worth over £2 million and supplied direct from Isuzu, come with a mixture of Coolertech and Polar multi-temperature bodies, all with GAH refrigeration systems. They feature tuckaway tail lifts with a mix of double and triple rear access doors for access to the fridge section, and a pallet-width nearside door into the frozen section. They are now helping to cope with the hot bits of this summer’s weather extremes, operating out VMS rental sites across the country.

VMS Fleet Management managing director, Martin James “This £2m Isuzu truck deal is a significant investment for VMS, however, for refrigerated rental operation at 7.5 tonnes, the Isuzus have excellent payload and are proven to be very reliable in operation. The decision to further invest in the Isuzu marque within our rental fleet is based on our overall previous experience where we have found them to be robust and reliable operators.”

“Over the years we have also experienced an excellent service offering from Isuzu, through their strong nationwide dealer network support. This is vital for our rental business, especially in busy periods, and in particular with their ability to accommodate out of hours service work.”