ACV online auctions have a selection of quality used passenger vans, used cargo vans, and used utility vans for you to choose from.
As a car dealer, you should determine what vans best suit your customers’ work and lifestyle needs. So you’ll want to stay on top of a few key trends and demographics. These will inspire you to source quality vans that you can sell to your customer base
Trends in Used Vans
Vans are becoming more popular than ever with different sizes, seating arrangements, and layouts available on the market. You’ll have a variety of styles to buy for your dealership.
So what van trends are making their way across the auto industry?
Van Life
Those looking to live a more modest, simple, flexible, and adventurous life are converting vans into living arrangements. When choosing nomadic real estate, buyers often consider what’s best for navigating the city, highway, and off-road locations with ease.
Those partaking in van life are buying camper vans or sprucing up other types of large vans to accommodate their lifestyle goals. Van-life digs include Sprinter Vans, Ford Transit, Ram ProMaster, and cargo vans like the Chevy G Series.1
Market Shortages
The automotive industry saw microchip and semiconductor shortages and supply chain issues during the pandemic that halted production across the board. Full-size vans took a hit in sales. Chevy Express saw a dip of 47.5%. And the Ram ProMaster experienced a decrease in sales of 14% between Q1 of 2021 and Q1 of 2022.2 However, Ford saw increases in sales in their electric vehicles, including the E-Transit cargo van, of 139% YOY in April of 2022.3
Demographic and Regional Popularity
So who’s buying minivans?
According to Carmax, the average purchase age for minivans and vans is 42.8 years old, with purchases typically happening around 35 years old.
Minivans are useful for large families and hauling items. An iSeeCars report found that Iowa has the highest percentage of minivans on the road in the United States at 3.9%.5
Other states that rank high for minivans include
Hawaii (3%) / Indiana (3%) / Wisconsin (3%) / Minnesota (3%) / Ohio (3%) / Kansas (3%)
Hawaii (3.8%)
/
Indiana (3.6%)
Wisconsin (3.6%)
/
Minnesota (3.5%)
Ohio (3.2%)
/
Kansas (3.1%)
Best Selling Van Models
Prices are on the rise and inventory is low. So dealers should be aware of the types of used vans their customers are looking for. ACV auto auctions offer low-mileage, quality, and practical vans for bidders. With ACV, you can buy auction cars online.