Manheim Auction Services reports steady Q2 for commercial vehicle division

Manheim Auction Services has reported a further quarter of steady activity for its commercial vehicle division, as buyers across the UK used van market became more selective with their stock acquisition.

It said demand and buyer engagement remained healthy throughout Q2.

Average selling prices across Manheim auctions reduced from £9,505 in Q1 to £8,489 in Q2, a fall of almost 11%.

This coincided with an increase in average vehicle age and mileage, a typical trend following the March plate change.

Premiums against guide values also narrowed, reducing by 2.8% during the quarter as buyers became more disciplined when assessing value.

Despite this softening, vans achieved 16.1% more on average during the first six months of 2026 than in the same period of 2025, underlining the continued strength of the wider market.

First-time conversion rates eased slightly, from 82.8% to 78.8%, though average days to sell held steady at approximately 11 days, indicating that demand remains solid for the right stock even as buyers grow more selective.

Matthew Davock, commercial vehicles director at Manheim UK, said: “The used van market started 2026 at a significant pace, while the second quarter settled into a more natural rhythm.