To update our competitive comparison of compact cargo vans published late last year, we’ve compiled average wholesale (auction plus dealer-to-dealer) pricing, adjusted for mileage, for vans of model year 2015. Time period is January through April of 2016. See below for graph and commentary.

Ford’s Transit Connect leads the market in the 2015 model year. Somewhat surprisingly, the XL LWB version commanded the top spot, bringing an average of $16,185. This figure is 69% of the original published MSRP. The higher-spec XLT LWB trim was close behind, with the $342 price difference insignificant from a statistical standpoint. The EcoBoost engine upgrade didn’t command a premium in this study, with that engine bringing essentially equal money ($75 less) to the 2.5L 4 cylinder in the same trim level.

Chevrolet’s City Express performed competitively, with the LT trim level averaging $15,835 – 67% of MSRP. LT trim brought an average of $645 more than LS, which is 41% of the new cost difference between the trims, all else being equal.

The Ram ProMaster City performs comparably to the lower-spec versions of the Chevy and Ford vans, averaging only $182 less than the City Express LS. This model is by far the highest-volume of the group, due mainly to its popularity in the daily-rental fleet segment.

Nissan’s NV200 S is the value-priced model, with a published MSRP roughly $2500 lower than the ProMaster City, and about $1,200 less than the City Express LS. In the used market, the NV200 averaged $14,194 - $814 less than the ProMaster City. Even though the NV200 is the lowest-valued model, its low MSRP means its one-year retention is equal to the Transit Connect XLT LWB’s, at 69%. The NV200 is the second-highest volume model in this study, with a large daily-rental presence.

There are no clear takeaways here in terms of spec’ing for resale. Higher-spec trim levels do not necessarily retain their price premium over time. The one model with a choice of wheelbases provides evidence that size correlates to value in the small cargo van segment, as it does with larger cargo vans. Stay tuned next week for a look at large cargo van performance.