Tag: leasing broker statistics

PCH continues to drive leasing broker market

PCH is driving leasing broker business while EVs are a growing sector

THE latest analysis of the BVRLA leasing broker market shows that personal contract hire (PCH) continues to drive leasing broker contracts. And while the overall BVRLA lease fleet shrank by 3.6% year-on-year, the BVRLA leasing broker channel fleet grew by 7%, recording 362,461 cars and vans on fleet. The figures are part of the latest sector analysis from the BVRLA outlined in…

Latest leasing broker statistics see 12% y/y growth

Broker contracts continue upwards

THE continuing popularity of PCH has increased the number of contracts written by brokers during H1 2019. Latest statistics from the BVRLA show that total number of vehicles on contract at end June 2019 was 338,111 – an increase of 35,699 year on year, representing 12% growth year-on-year. Regulated PCH accounted for 23% of this additional growth, while non-regulated BCH on vans…