How Can I Stop the Value of My Van from Depreciating?

How Can I Stop the Value of My Van from Depreciating?

Most vans will lose up to a whopping 50% of their value in their first 3 years of being owned, with a lot of factors such as the age of the van being inevitable.

However, there are also a lot of things that can be done to help keep the value of your van for as long as possible for when it comes to selling it and upgrading to a newer model.

So what can you do to stop your van from depreciating in value? Find out below.

Look After the Condition of Your Van

One of the most obvious things to consider when it comes to getting your van valued is its condition.

Both externally and internally, if you keep your van in good condition throughout its lifetime with you then it will almost certainly help keep its value for much longer.

Get Your Van Serviced Regularly

Similarly to above, arguably the most important thing you can do to stop your van from depreciating rapidly in value is to regularly have it serviced.

By doing this, you can ensure you catch any issues or problems with your van early and are able to get them fixed, rather than cause any long-term damage to your van.

Maintaining a full-service history is also great when it comes to selling your van, and will mean buyers will likely pay more money for it.

Keep the Millage to a Minimum

We know this one is easier said than done, especially if you run your business via your van. But avoiding any unnecessary mileage is key to helping your van hold its value for longer.

Be sure to plan journeys ahead, and always take the shortest route in mileage where possible rather than the quickest route in terms of time.

Sell at the Best Time of the Year

March is generally a great time to sell any vehicle as it is the release of the new registration plates.

With this, many buyers will be looking to bag themselves a shiny new van. This also means that the value of older vans will begin to depreciate.

Know When It’s Time to Upgrade Your Van

Last but not least, knowing when it’s time to sell your van and upgrade to a newer model is absolutely crucial.

Holding onto an older van, or a van with problems or faults is the main way you’ll quickly lose its value. Sometimes it’s best to sell your van and upgrade while you’re still able to get a decent amount of money for it.

Get a Free Online Valuation for Your Van

If you’re already wondering how much your van has depreciated in value since you bought it, then find out its current value.

You can simply use our free online valuation tool to get an idea of how much you’re likely to expect for selling your van with us.

All it takes is to give your van a little clean up (if you want to), add a few pictures if you wish, enter your van registration plate, and give details of any faults that it may have. We will then endeavour to come back to you within 24 hours with a price.

Sell Your Van Online with Sell My Broken Van

At Sell My Broken Van, we mean it when we say we buy any van. You don’t have to spend time shopping around to find a dealer who purchases your van specifically, or wait for a private seller who is looking for that exact one. We buy ALL van makes and models.

We buy off-road vans – Why waste time taking your van to the garage yourself? Our in-house mechanic team means we undertake all work ourselves so you don’t have to.

You get the best price – Little overheads and online purchasing mean we can provide the best possible price for your van. You don’t have to waste time waiting to sell privately to get the right price.

Sell from the comfort of your own home – Our FREE same-day or next-day collection service means you don’t even need to leave the house to sell your van.

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