Tag Archives: leasing.com

Electric van leasing enquiries increased by 36% last year, according to Leasing.com. This surge was driven by falling costs, government incentives, and sustainability goals. By the end of 2025, EVs are expected to exceed 35% of the leasing market due to strict emissions targets and an increase in the number of models available. Mike Fazal, CEO at Leasing.com, said: “Extending ...

Demand for electric vans increased by 36% last year, according to new data from Leasing.com. This growth comes as the government extends the Plug-in Van Grant, which lowers upfront costs and makes electric vans more accessible, particularly for SMEs in logistics, delivery, and trade sectors. The Volkswagen ID. Buzz, Nissan Townstar, and Renault Kangoo led electric van demand, with the ...

Demand for new electric vehicles fell in the first six-months of 2023. According to Leasing.com, ICE vehicle demand increased. The share of personal contract hire (PCH) sales enquiries for all electric vehicles (hybrid, plugin and battery) fell from 34.6% in the first-half of 2022 to 22.9% this year. That represented a 33% reduction in personal demand for electric vehicles and ...

Demand for new electric vehicles remains high despite the cost-of-living crisis and interest rate increases. Leasing.com has reported a 32% increase in enquiries for electric vehicles in Q1 2023 compared to Q4 2022. It believes the demand is down to consumers seeking out leasing offers online instead of opting for Personal Contract Purchase (PCP) offers in dealer showrooms. Figures from ...

Consumers are leasing cheaper new cars in response to the emerging cost-of-living crisis. The average value of the most popular vehicles to lease dropped by 19% from £33,221 in Q 1 last year to £26,863 in Q1 2022, according to new data from Leasing.com. Premium brands that have seen a reduction in demand from budget-conscious motorists with two premium brands ...

Leasing a battery electric vehicle (BEV) is on average 18% cheaper than funding a new vehicle on personal contract purchase (PCP). According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 13 of those models. Across the list, the highest cost difference was 31%, with the average difference in ...

Total leasing enquiries on new electric vehicles grew 66% in Q3 compared to Q2 of this year, according to new data from Leasing.com. The overall growth in demand for new electric vehicles between July-September 2021 was the result, it said, of growth in the individual BEV, plugin and hybrid segments. Those three electric vehicle segments recorded a combined sales enquiry ...

Consumers are now looking for longer car lease terms now than they were a year ago. Lease terms have risen from an average of 24 months in H1 2020 to 48 months in H1 2021, according to data from Leasing.com. It said this could be due to motorists looking to keep their monthly outgoings as low as possible. A key ...

Personal leasing customers are rushing to electric vehicles (EVs) ahead of next month’s expiration of the £3,500 subsidy for plug-in vehicles. Latest figures from Leasing.com show that pure EVs accounted for 5% of all leasing enquiries in January – almost twice that of their share of the overall new car market (2.7%). The Nissan Leaf proved to be the most ...

New car buyers are turning to shorter lease lengths with less money upfront. This, says Leasing.com, is down to Brexit and general new car market uncertainty. Data shows that enquiries for 18-month lease deals with a one-month initial payment increased 190% year-on-year in March. Paul Harrison, head of strategic partnerships at Leasing.com, said: “As uncertainty takes a bite out of ...