Electric vans emerge as a bright spot in a cautious used EV market

That's according to Manheim Auction Services where it's been a record year for its commercial vehicle division up 9.1% year on year in 2025 and 31.3% higher than 2023. Growth was driven by sustained demand in the used van market, even as new vehicle supply remained constrained.

Average used van sale prices rose by 5.6% across the year, with vehicles selling for 4.8% above guide values. Performance was strongest across manufacturer, finance, dealer part exchange and fleet and leasing channels, while rental volumes dipped by 8.7% amid wider economic pressures.

For fleets watching residual values closely, electric vans provided the most encouraging signal. Used electric van sales increased by 102% compared with 2024, selling four days faster on average, with first time conversion rates up 11%. Manheim said confidence in used electric vans has strengthened significantly.

Matthew Davock, commercial vehicles director at Manheim UK, said buyers are now more data led than ever, tracking age, mileage and values more precisely. With average stock now 68 months old, decisions on fleet replacement timing over the next year will be critical to long term cost control and performance.

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