The imbalance between personal and business demand is growing, according to the latest BVRLA Leasing Broker report. Presenting data to December 2023, the report shows PCH and BCH going in opposite directions, resulting in a net decline in the overall Leasing Broker fleet size.
The split between business and private demand for new vehicles is becoming a gulf, with the BVRLA’s latest Leasing Outlook report showing the two market segments moving in opposite directions.
The BVRLA leasing fleet has reached a six-year high, recording 2.2% year-on-year growth to approach levels last seen in Q4 2017. The association’s latest Leasing Outlook Report shows the total lease fleet nudging above 1.9m vehicles thanks to increased demand for leased vans and Business Contract Hire (BCH) cars.
The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivalled perspective of what is happening to the market and where it is heading.
Vans and Business Contract Hire have helped push the BVRLA leasing fleet to a six-year high, recording 2.2% year-on-year growth to approach levels last seen in Q4 2017.
The BVRLA leasing fleet has returned to levels last seen in 2018, despite growing concerns over used electric vehicle values in a consistently volatile market. That is according to the BVRLA’s latest Leasing Outlook Report, which quantifies the sector’s transition to electric models.
The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivalled perspective of what is happening to the market and where it is heading.
The BVRLA leasing fleet has returned to levels last seen in 2018, despite growing concerns over electric vehicle values which continue to create a volatile used market. That is according to the BVRLA’s latest Leasing Outlook Report, which quantifies the sector’s transition to electric models.
Dangerous gaps are appearing in the UK’s journey towards zero-emission road transport, with those leading the transition leaving others lagging far behind. The call comes as the BVRLA’s annual Road to Zero Report Card highlights the decarbonisation divide between different road users.