Fleet News

Fleet200: One-in-four fleets takes blended approach to car funding

Car under magnifying glass

The following article was published in the September 24 issue of Fleet News. Read the full article.

The flexibility offered from a finance lease option could prove attractive to fleet operators looking to manage cashflow post-Covid. But, while the popularity of leasing has increased for the Fleet200, with almost eight-out-of-10 company cars (78%) now funded this way, just one-in-seven (14.5%) is funded via a finance lease. 

However, that’s still a year-on-year increase in cars funded by finance lease of 3.5 percentage points, with operating leases remaining static on 2019 at around 63% of all cars. 

Analysis of this year’s Fleet200 data also shows one-in-six cars (16.7%) is owned outright by the end-user fleet – down almost two percentage points on 2019’s Fleet200 figure of 19% – while 4.8% of cars are funded via employee car ownership schemes, down slightly on last year’s 6%.