Leasing strategy - Page 2

At 1.5%, share remains tiny, but compare that with 0.3% a few years ago, reports Sarah Tooze

For some, the figure is as little as £20; for others it can be up to £900, reports Andrew Ryan

Nearly half of all vans incur an end of contract charge, matching last year’s figure, reports Gareth Roberts

An acute shortage of new and used light commercial vehicles means supply is failing to meet demand, driving up prices sharply, reports Jonathan Manning

Denise Beedell, policy manager for vans and urban, at Logistics UK, says direction direction and clarity on the right fuels and technologies to adopt is needed

By Gerry Keaney, chief executive, British Vehicle Rental & Leasing Association (BVRLA)

Fines and penalties ‘dropped off a cliff edge’ when lockdown started, according to one leading leasing company, reports Matt de Prez

Contract hire still dominates with close to 90% of FN50’s risk fleet, reports Gareth Roberts

Company car numbers are down, but new low BIK rates are reviving interest. Gareth Roberts examines the figures

Move towards internet remarketing was underway, but Covid-19 has helped accelerate trend, reports Tom Seymour

JLR and Isuzu make first forays into rankings but, those apart, top 10s see limited shuffling of positions, reports Tom Sharpe

Covid-19, Brexit deal and EVs all rank high on the list of challenges, reports Stephen Briers

FN50 suffers second consecutive reversal but funders remain upbeat thanks to electric vehicle opportunities, reports Stephen Briers

Full electric vehicles have been given a major boost by the 0% benefit-in-kind tax move, reports Sarah Tooze

By Simon Turner, campaign manager, Driving for Better Business

Sprinter tops the van reliability table and the Vito also sits in the top 10 to cement Mercedes’ position, reports Matt de Prez

Civic slipping down the table leaves German cars occupying the top six places, reports Matt de Prez

The split between business/fleet funding and private/retail for cars has changed dramatically over the past year.

The amount fleet operators are paying in end-of-contract excess mileage charges for both cars and vans has increased significantly in the past year.

Continuing concerns over the environmental credentials of diesel have led to a marked migration to petrol among leased company car fleets.

End of contract fair wear and tear damage charges for cars have reduced in the past 12 months, FN50 data suggests.

Major leasing companies are reporting that clients are prepared for the new lease accounting standard which takes effect from January 1, 2019.

End of contract damage charges continue to be a bone of contention between leasing companies and their customers.

Most companies have vehicles that travel into urban environments at some time or other and all of these will be affected by the relentless pace of change in urban transport policies.

Fines and charges incurred by drivers of FN50 vehicles are reaching record levels. The suggestion is the total bill could be almost £56 million.

While leasing companies are the most positive they have been for years over residual values (RVs) for cars, they are more cautious when it comes to vans.

The country’s top 50 vehicle leasing companies collectively reported a record-breaking year, according to the latest available figures.

Leasing companies are showing an unusual optimism around car residual values, Fleet News' FN50 reseach has revealed.

Average CO2 emissions for cars across the FN50 have risen by a little more than 1g/km to 116.9g/km (up from 115.6g/km last year) and are now on a par with 2016 levels (117g/km).

The average end-of-contract excess mileage charge for defleeted company cars has dropped to a record low of £324: the second consecutive year it has fallen by more than 11%.

Lack of product, price and infrastructure are holding van fleet operators back from adopting pure electric vans (EVs) in greater numbers.

Personal Contract Hire (PCH) is expected to grow next year as FN50 leasing companies launch new products designed to target cash-takers and company car drivers.

A new emissions testing regime, economic uncertainty and a demand for greater flexibility have all impacted fleet funding and replacement cycles over the past year.

Economic uncertainty and potential air quality restrictions have created a challenging funding environment for vans over the past year.

Many leasing companies believe they already operate in the mobility market – after all, they provide a means of employees getting from A to B through company cars, daily rental vehicles and, in some cases, car clubs/corporate car sharing.

What is the role of the fleet manager? Is it to micro-manage every detail of the fleet policy, placing orders, taking calls, doing the admin? Or is it to set strategy, appoint suppliers and manage relationships?

FN50 leasing companies are lining up to exploit an emerging market sector which will change the shape of the leasing industry – personal contract hire (PCH).

Vehicles driven by the internal combustion engine (ICE) look like they are losing out to alternative fuel power trains. Simon Harris reports

Choosing the right leasing company can open the gates to a blissful relationship, but the wrong decision can lead to a miserable and costly experience.

Research shines light on factors influencing big decisions as almost one in four fleets intend to change funding methods, reports Jonathan Manning.