Price of White Van Man’s favourite the Ford Transit has risen by eye-watering price in last five years
The cost of White Van Man’s favorite vehicle – the Ford Transit – has risen by nearly £4,000 over the past five years.
Craftsmen are affected by the rapidly increasing costs for work vehicles: the average price for a five to ten year old Transit increases by 42 percent.
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According to Auto Trader for The Sun, the vans cost £9,478 in June 2018 and £13,337 in June this year.
Still, sales of used vans rose 37 percent last year as fewer and fewer workers can afford new vans.
A spokesman for Auto Trader said: “Van prices have risen sharply at a time when cost pressures are mounting across the board.
“However, demand remains high as workers have to stay on the streets.”
The pandemic led to significant supply chain disruptions in the automotive industry.
Factory closures in China led to a massive shortage of parts, leading to delays in the production of new vehicles and rising prices for used vans.
The rise in the cost of vans comes as the Chancellor hit drivers with a £15million tax hike from April.
Taxpayers at the basic tax rate now have to pay an additional £72 a year when using vans for personal journeys, such as taking children to school or running groceries.
And taxpayers with higher tax rates face an annual loss of £144.
Rising fuel costs have also exacerbated the misery of van drivers, with diesel prices climbing above 150p a liter again this week, according to the AA.
