More sales figures from the motoring industry have been released, this time for van and truck sales. June figures show that the number of trucks being registered are still falling, however, van registrations are improving slightly.
The amount of truck registrations has been falling every month and the latest June figures show the largest month on month decline yet. With 2,761 trucks registered in June, this is a 47% decline in registrations from June last year.
On the other side of the sector, van registrations have seen some improvement. In June the amount of van registrations reached 17,158 units. These level of sales show 40.1% drop in registrations on June last year, however, it’s actually the smallest month on month drop so far. These figures show that the number of vans being sold could be levelling out.
One manufacturer that did particularly well in June was Renault. They saw a 78.5% increase in sales for their range of light trucks and vans during this June. One model in particular that did well was the Renault Trafic van. The Trafic van, which is currently Renault’s best selling van, recently won the first 2009 Security Award.
There are a number of factors that have caused van and truck sales to fall. One is that many companies looking to buy vans are waiting to see if prices fall so that they can get the best bargain. Although the amount of companies buying vans is falling, the amount of van leasing companies buying vans is on the rise, this is because the companies that aren’t buying vans are choosing to lease vans instead.
Many companies are finding that getting out a Renault van lease is working out cheaper in the long run rather than buying a brand new van. So if you are looking for a Renault Trafic lease, you will often get a better deal because you are only paying monthly for the van, rather than paying a bulk sum for a new van.
So although many companies are not buying new vans and trucks, the amount being bought by leasing companies is rising to keep up with demand.