- 74 plate change pushes up SMMT registrations just 1%
- But searches for PCH up 43% on Leasing.com comparison site
- Average rental was 24 months/5,000 miles with an increased rental to £321 from August’s £316
- Nissan dominates with two in the top three places
IN September’s important plate-change month the SMMT’s latest statistics showed registrations climbing by just 1% year on year. Overall, though, for the first nine months registrations are up by 4.3%.
However, consumer sentiment is at odds with the bleaker overall picture on private demand for leasing products such as Personal Contract Hire.
While September’s SMMT figures showed a drop in demand of nearly 2% and -9% year on year, the variety of discounted leasing offers saw enquiry volumes up 43% year on year at the leasing deal aggregator website.
Paul Harrison, Chief Partnerships Officer at Leasing.com, said:
“Our data showed a more positive trend with total enquiry volumes on Leasing.com up 43% when compared to September last year. A ‘push’ market is in full effect as manufacturers offer further discounts with the first year’s ZEV mandate now looming. Nissan enjoyed a particularly strong September in the PCH market as the Juke joined the ever-present Qashqai towards the top of our monthly league table, with the Vauxhall Astra completing the top three.”
Market watch special: Skoda Octavia
With saloon and estate variants available from a variety of leasing brokers for a little over £200 per month, Skoda’s ever-green Octavia finished September in Leasing.com’s top 10 most popular vehicles. Not much money for a terrifically good value car.
Second for Silverstone’s Sophie at Strictly competition
Silverstone Leasing’s ballroom superstar Sophie Norville waltzed into second place at the renowned local dance challenge Strictly Northampton 2025
Nickie Conde appointed Head of Indirect Sales at Leasys
Nickie Conde is appointed new Head of Indirect Sales at Leasys UK. She joins from Arval where she was Sales Channel Lead – Broker
Eurig Druce takes back leadership of Vauxhall as new Commercial Director appointed
Eurig Druce will take over leadership of Vauxhall following Steve Catlin’s departure. He will remain Stellantis Group MD
CBVC widens fleet and salsac choice with used leasing
CBVC Vehicle Management is adding used cars to its fleet management and salary sacrifice portals to increase driver choice
Harnessing 40 million datapoints for Automated Vehicle Authorisation
EPYX has launched a new machine learning value-added service, AVA, to substantially reduce the number of jobs requiring manual authorisation.
Now is best time to get a new car on PCH says LeaseCar.uk
PCH is the smartest way for private buyers to drive a new car right now, says LeaseCar.uk, a trading arm of Central Contracts.
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.
