Manheim reports record-breaking growth

By automotive-mag.com 3 Min Read

Manheim Auction Services’ commercial vehicle division recorded standout results in 2025.

The unit achieved 9.1% year on year growth and a 31.3% increase compared with 2023, bolstered by a robust used van market and a series of commercial successes, including major new and renewed contracts.

Matthew Davock, Commercial Vehicles Director at Manheim UK, said: “Over the past year, we’ve seen a clear shift in the way customers are engaging with the van marketplace.

“Buyers are arriving better prepared, using data to track age, mileage, and retail values with far greater precision than ever before.

“Couple this with smarter release strategies and improved stock quality from our growing vendor base, and it’s no surprise that demand has accelerated across every major customer segment.”

Volume increases were seen across manufacturer (41.2%), finance (33%), dealer part-exchanges (21.6%) and fleet and leasing (13.4%).

Rental volumes softened for the first time in many years as a result of wider economic headwinds (-8.7%).

These positive results were driven by a combination of major fleet renewals, new vendor partnerships and increasing stock from repossessions, early contract releases and part exchanges.

While the new market contracted, average used van sale prices increased by 5.6% year on year, with vans achieving 4.8% above guide values.

Electric van remarketing activity grew at a rapid rate compared to 2024. Used electric van sales increased by 102%, with vehicles selling four days faster on average and first time conversion rates rising by 11%.

Fleet extensions continued to shape stock profiles, resulting in an average age of 68 months and mileage of 77,323 miles.

Davock said: “Despite wider market challenges, confidence in used vans, particularly electric vans, has strengthened significantly, with performance exceeding expectations at every turn.

“As we look ahead to 2026, fleets and leasing operators will be focused on bringing extended life cycles back under control, and timing will be everything.

“Decisions made in the next 12 months will shape fleet performance for years to come, and our team is fully prepared to support customers through this pivotal period with clarity, insight, and market-leading remarketing expertise.”

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