- PCH market continues strong start – up 7%
- In contrast, SMMT private registrations down -2.6% for the month
- Nissan Qashqai goes back to being top model
- Peugeot 408 moves down to second
THE strong start to the 2024 personal leasing market continued into February thanks to a fresh wave of discounted new car offers entering the market, reports Leasing.com.
This, despite SMMT figures showing that two thirds of February’s new car registrations were from the fleet and business sector.
According to leasing deals aggregator platform, its top three most popular vehicles based on enquiry volumes were the Nissan Qashqai, Peugeot 408 and Vauxhall Corsa.
Other brands enjoying a successful month included Nissan, Peugeot and Volkswagen while moving into Leasing.com’s top 10 for the first time was GWM Ora.
“Our total enquiry volume was up 7% in February compared with February 2023, plus we were delighted to welcome a further five new advertising partners onto Leasing.com, including some familiar names from the broker market.”
Market watch special: GWM Ora 03
Exceptional offers on the renamed Funky Cat saw the popularity of this electric hatchback soar in February with rentals starting from just £129 per month. Which just goes to show what attractive pricing does…
Broker News Newsletter 30 April 2024
Catch up on the latest leasing broker news in the 30 April 2024 Broker News newsletter
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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
