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Follow on Google News | Long-term effects of credit crunch seen in shortage of 3 year old used vans, reports Anchor VansAnchor Vans, a leading retailer of used vans, has reported a shortage of 3 year old used vans as a result of the credit crunch three years ago.
By: Simon Joyce "We've noticed a distinct shortage of used vans that are in the 3 year old bracket,"said Simon Joyce, Sales Director for Anchor Vans. "We know this is a direct result of the credit crunch because when it hit three years ago many companies with fleets of commercial vehicles didn't buy new replacement vehicles. Everyone was tightening their belts and making do with what they had for as long as possible." "Now, three years later, those vans which would normally have been bought new that year simply haven't trickled into the used van market,"Simon explained. "The impact can be seen in prices of used vans which are going back up due to the shortage not being able to easily meet the demand for 3 year old commercial vehicles. Many people have seen the long-term effects of the credit crunch,"Simon concluded, "this is just the way it's impacted upon our industry." # # # About Anchor Vans Anchor Vans specialises in quality new and used vans in the South East of England. Anchor Vans is already the largest centre for new and used vans in Basingstoke, Newbury and Reading run from its main road Padworth site. Anchor Vans is well known for its competitive "lease to buy"schemes and for the quality of its website which allows customers to view pictures of all 350 new and used vans in stock. Anchor Vans has an extensive service centre with facilities for all classes of MOT for cars, vans and minibuses. Recently granted Ford approved service agent status, Anchor Vans has built a reputation for dependability and supplying high quality new and used vans. End
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