Chip shortage puts pressure on leasing brokers despite soaring lease sales

THE shortage of semiconductors is having a devastating effect on car registrations – September is the weakest for 23 years according to preliminary SMMT figures. On the other hand, leasing brokers are having bumper sales months, but…but the gap between selling the leasing deal and payout on actual car or van delivery is creating financial stresses on brokerages. More sales, less cash. Let’s hope there’s enough broker resilience to see this one through.

BVRLA Broker Conference Agenda Outline

Thank you to chairman elect Paul Parkinson for his outline of what you can expect from the BVRLA Leasing Broker Conference, which happens later this month. It’s a great agenda. Make sure you attend. Click here to register.

Ralph Morton, editor

Key stories this week:

  • Paul Parkinson Outlines The BVRLA Broker Conference Agenda 
  • Clive Messenger Moves To SsangYong As New Sales Director
  • Read the rest of the newsletter here: Broker News, 05 October 2021

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