- Sales enquiries up 52% compared with November last year
- Nissan continues to top the league of popular cars
- Average rental continues at 24 months with a 12 month initial rental on a 5,000 mile per annum basis. Average rental remains at £313
- Over a quarter of enquiries are for electric vehicles as demand picks up with lower rental price points
THE November personal leasing market cooled as expected from October, but consumer demand was far from cold.
While SMMT registration figures showed a drop in the personal market – down 3.3% year on year – Leasing.com reports that the total volume of sales enquiries was up 52% when compared to the previous November.
"While brokers were able to offer the Vauxhall Grandland at an astonishing rental - see panel below - the top three vehicles for the month of November were Nissan Juke, Hyundai Tucson and Vauxhall Corsa. The Juke and Tucson are in the SMMT’s top 10 best-selling cars this year, as well."
While brokers were able to offer the Vauxhall Grandland at an astonishing rental – see panel below – the top three vehicles for the month of November were Nissan Juke, Hyundai Tucson and Vauxhall Corsa. The Juke and Tucson are in the SMMT’s top 10 best-selling cars this year, as well
Market watch special: Vauxhall Grandland
All Stellantis brands were strongly represented in the best leasing offers in the PCH market during November, says the Leasing.com data, however the outstanding offer of the month has to be Vauxhall’s largest SUV with rentals on the Grandland starting from just £146 per month via brokers.
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Catch up on the latest leasing broker news in the 14 January 2025 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.
