Perrys Motor Sales has said that its launch of the new Perrys Leasing service has come in response to the “seismic shift of millennials preferring to rent rather than buy products and services”.
Long lead times for new cars are causing a boom in medium-term rental, as PCH customers need vehicles to keep mobile.
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.
The British Vehicle Rental and Leasing Association (BVRLA) has published its new Mobility Credits Scrappage Scheme policy paper which urges Government to incentivise a move away from vehicle ownership.
Northridge Finance has achieved a year of record growth, lending £1.1bn and increasing its funded fleet to 8,000 vehicles with Marshall Leasing.
The Chancellor of the Exchequer, Phillip Hammond, failed to deliver any clarity for the fleet and leasing industry over future tax rates during his annual Spring Statement.
Recently-launched Leasing.com has revealed that Mercedes-Benz “dominated” its league table for the personal contract hire market.
The days of car buyers paying large deposits for a new car could be numbered, according to Concept Vehicle Leasing.
Just 53% of motorists understood the terms and conditions of their last car finance deal, according to research commissioned by Europcar Mobility Group UK.
Hippo Leasing Direct has launched a new online portal, to help fulfill declined finance customers and maximise lead revenue for partner leasing brokers
Contracthireandleasing.com has re-launched as Leasing.com, with a refreshed desire to move motorists out of ownership and into usership.
Collecting insights from academics, customers and industry leaders, Syncron recently set out to understand how manufacturers can capitalise on the megatrend of servitisation, where manufacturers shift the focus of selling a product itself to the outcome or value that the product delivers.
Franchised dealers might see an uplift in new car demand in the future as the number of company car drivers is predicted to drop. Lex Autolease, the UK’s biggest leasing company, believes these could drop from 940,000 to 832,000 by April 2020.
Demand for diesel vehicles is still high in the leasing market, despite sales of new diesel cars tumbling by more than 300,000 vehicles so far in 2018.
Leasing companies are increasingly appealing to more consumers through offering personal contract hire (PCH), however Arval’s UK managing director, Miguel Cabaça, has warned them not to lose sight of their corporate market.
Peugeot has appointed Martin Moll as its new marketing director, replacing Mark Pickles who joins Free2Lease as commercial director.
Car dealers will have to “supply new and used cars to service providers” as consumers move away from ownership towards leasing and mobility solutions in the next decade, Auto Trader has claimed.
Arnold Clark has promised to deliver “market-leading car leasing deals” to businesses as part of its newly-launched free employee car plan solution Affinity Cars.
Car buyers are being lured into scams on social media offering bogus car leasing deals, according to the The British Vehicle Rental and Leasing Association (BVRLA).
The Autorama Group hopes to deliver the "Amazon of cars" with the launch of Motorama, an online offering to follow in the tyre tracks of its Vanarama commercial vehicle offering.
