News Story

BVRLA Q2-2018 Quarterly Leasing Survey

Release Date: 
02/10/2018

The BVRLA Quarterly Leasing Survey for Q2 2018 shows that lease cars continue to be substantially cleaner than the average private car, with average emissions for members’ newly registered vehicles dropping nearly 1g/km to 112.0g/km, compared to the same period in 2017.

This is in stark contrast to the national average for all newly registered cars, which increased for the fifth consecutive quarter to 123.6g/km.

This decline in average emissions comes despite a continued fall in the market share of diesel cars and can be attributed to further growth in demand for plug-in vehicles, which were responsible for 10% of new registrations in Q2 2018, up from 8.2% in the previous quarter.

The latest survey shows that diesel’s share of new lease car registrations dropped below 50% for the first time in Q2 2018. At 49% diesel registrations were nearly 19% down on the same period of 2017. Petrol appears to be the predominant substitution with new lease car registrations rising to 39.3% this quarter.

Commenting on the results, BVRLA Chief Executive Gerry Keaney said “BVRLA members are gearing up to provide lower emission vehicle options at precisely the moment they will be needed most. The implementation of the new Clean Air Zones, the London Ultra-Low Emission Zone and the Government’s strategy towards low-emission vehicles will only reinforce the demand from drivers and businesses to pick greener vehicles in the future.

The sales of greener vehicles could be accelerated further if the Chancellor were to put in place a tax regime in this year’s budget tackling concerns around WLTP and BIK head on so that industry’s ability to provide low emission vehicle options is matched by the ability of motorists and fleet managers to affordably choose them.”

You can read the press release here: Vehicle leasing leads the way in reducing emissions

Members can also read the full survey report on the BVRLA website.