Quarterly Leasing Reports

Private motorists are beginning to catch up to business users when it comes to EV adoption, as personal lease agreements (PCH: personal contract hire) tracked in line with ZEV mandate targets last quarter. Battery Electric Vehicles accounted for 21% of new PCH additions to the BVRLA’s leasing fleet in Q2 2024, although the association is warning that the uplift risks being short-lived if the used EV market is not stabilised.

The varied trajectories seen in electric vehicle adoption continue to go in opposite directions, creating concerns about the long-term success of the drive to decarbonise. That is according to the latest Leasing Outlook report from the BVRLA, which shows a growing divide between company-provided cars and private motorists when it comes to EV demand. 

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.

Nearly half of the company cars delivered in the first quarter of 2023 were battery electric vehicles (BEV), according to the latest BVRLA Leasing Outlook Report data.

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.

Nearly half of the company cars delivered in the first quarter of 2023 were battery electric vehicles (BEV), according to the latest BVRLA Leasing Outlook Report data.

A dramatic uplift in demand for electric vehicles has contributed to the BVRLA’s leasing fleet surpassing its pre-pandemic volumes, defying a gloomy economic landscape. The association’s latest Leasing Outlook Survey presents data to the end of 2022, reporting a 0.3% growth in the total fleet despite vehicle supply issues continuing to impact availability. 

A dramatic uplift in demand for electric vehicles has contributed to the BVRLA’s leasing fleet surpassing its pre-pandemic volumes, defying a gloomy economic landscape. The association’s latest Leasing Outlook Survey presents data to the end of 2022, reporting a 0.3% growth (5,835 vehicles) in the total fleet despite vehicle supply issues continuing to impact availability.

The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivaled perspective of what is happening to the market and where it is heading.

The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivaled perspective of what is happening to the market and where it is heading.

Light commercial vehicles are driving the growth of the BVRLA’s leasing fleet, according to the association’s latest Leasing Outlook report. The report shows that the overall leasing fleet has grown 1.9% year on year, with vans up 7.7% over the same period.