Motorists are reducing their travel expectations and leasing more affordable new cars over longer periods in response to the emerging cost-of-living crisis.
A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on PCP (personal contract purchase).
Latest data from Leasing.com has shown that motorists most enquired about compact and electric vehicles (EVs) in November.
Demand for electric vehicles (EV) grew by 87% quarter-on-quarter during Q3 as the UK leasing market demonstrated an appetite for a “rapid transition” to net zero emissions, Leasing.com has said.
Demand for electrified vehicles has overtaken that of diesel-powered models for the first time in the leasing sector, according to Leasing.com.
The UK’s biggest leasing comparison site, Leasing.com, has partnered with Bauer Media to become the exclusive provider of leasing deals with its motoring enthusiasts' brand CAR.
Demand for low mileage car leasing deals has grown by 40% since the coronavirus lockdown measures were eased at the beginning of June.
The car leasing industry is experiencing a rapid rate of recovery following the automotive industry’s collapse during the Coronavirus pandemic.
The Mercedes-Benz A-Class attracted more enquiries from leasing customers than any other vehicle during 2019, according to data compiled by Leasing.com.
Affordable premium vehicles are supporting the growth of personal leasing, according to leasing.com.
A reduction in vehicle usage is leading to an increased demand for lower annual mileage car leasing agreements, according to data published by Leasing.com.
Renault and leasing.com have announced separate marketing deals that will see both brands promoted heavily on Premier League and EFL Trophy coverage.
Vauxhall was the fastest-growing car brand in the personal leasing market during the first half of 2019, according to data published by Leasing.com.
New car marketplace Leasing.com has won the Gamechanger award at the 4th annual Car Finance Awards.
Tesla Model 3 tops Leasing.com league table
Volvo has become the third largest manufacturer in the personal leasing market, according to Leasing.com.
Car consumers have been turning to shorter lease lengths with less money upfront amid Brexit and general new car market uncertainty, new data from Leasing.com suggests.
Recently-launched Leasing.com has revealed that Mercedes-Benz “dominated” its league table for the personal contract hire market.
Contracthireandleasing.com has re-launched as Leasing.com, with a refreshed desire to move motorists out of ownership and into usership.