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Leading commercial vehicle retailer Anchor Vans reports used van sales remain high and market strong despite recent VAT increase

02-14-2011 12:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Anchor Vans

Padworth UK, Anchor Vans – one of the leading vendors of used vans in the UK, announces that sales of used vans have remained high despite the recent increase in VAT. At the beginning of the year, UK VAT was raised from 17.5% to 20%, however, Anchor Vans reports that the used van market remains strong. For more information call 0118 9710 230 or go to www.vatfreevans.co.uk.

"A lot of people have been very worried about the impact of the VAT increase," said Simon Joyce, Sales Director of Anchor Vans. "That's why we feel it's important to report that in the used vans market at least, we've seen no negative impact as a result. The market is still buoyant and sales in January have been excellent. People have returned from the Christmas break having made decisions to upgrade or change their commercial vehicles, and the VAT change hasn't affected that at all."

"The only thing we've noticed," Simon continued, "is that people are more asking about VAT free vans. It seems that is on their radar more than before, probably because we've been working hard on that front. It's not surprising; those vans are twenty per cent cheaper and that's a critical saving for small businesses below the VAT threshold. In general," Simon concluded, "I don't have any concerns about the impact of the VAT increase."

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.

Simon Joyce
Sales Director
Anchor Vans
Anchor Business Park
A4 Bath Rd
Padworth
Reading
RG7 5JE
0118 9710 230
www.vatfreevans.co.uk
anchor@momentumws.co.uk

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