BROKER funder Arval is looking to increase its take of the PCH market under an agreement with new and used car platform YesAuto.
Following the agreement, YesAuto will load more than 170,000 new car leasing deals to its website, allowing customers the opportunity to lease as well as purchase new cars.
Having the right partners is absolutely crucial for us to continue providing a best-in-class user experience. Working with Arval UK means we are now able to give our users the flexibility and options that they need and deserve, instead of being limited to traditional buying options that are not always adapted to them.
Libo Bian, head of product development, YesAuto
YesAuto is the European trading style of Autohome, the number one car sales portal in China where it has an 80% market share and 750 million page views a day.
With its strong presence in China, we are pleased to establish a partnership with YesAuto as it enters the UK car leasing market for the first time. It enables us to take our exclusive lease deals direct to a wide range of consumers through its intelligent online platform and app.
Paul Hyne, commercial director, Arval
Automotive and fleet writer for Broker News
