Values for ex-company light commercial vehicles remain at, or close to record levels, and while it might appear that prices are on a knife edge if vendors follow the golden rules of disposal then windfall conditions will continue for many more months.
Contract hire and leasing companies are potentially risking residual value suicide by, in some cases, writing new business based on current used prices even though cars will not be defleeted until at least 2016, it is claimed.
Leasing companies have praised manufacturers for their efforts to improve relationships with the industry in the past year – and they have set out four priority areas to improve levels of support still further in future.
Growing business confidence could lead to an increase in spending among fleets in the next six months, but many are looking to reduce the number of suppliers they use, an exclusive industry survey for Fleet Leasing has revealed.
Leasing companies and manufacturers have been generally talking up the fleet sector, suggesting that many companies have returned to traditional buying patterns and are replacing their ageing cars and vans.