Van leasing fleet surges ahead

The British Vehicle Rental and Leasing Association (BVRLA) latest quarterly survey of members found that the business car and van leasing fleet grew by 6.6% year-on-year in the last quarter of 2016.

This was driven by a 16.2% increase in the number of vans compared to a 3.6% growth in the number of cars.

BVRLA chief executive Gerry Keaney said, ‘It’s great to see our members’ business lease fleet increasing, but the real growth is coming from personal contract hire. BVRLA members can tailor a personal contract hire arrangement to suit a driver’s monthly budget and include costs such as maintenance and replacement tyres, and it’s clear that more and more customers appreciate these benefits.’

The survey also found that the average lease car added to a member’s fleet in 2016 emitted just 110.8g/km CO², more than seven per cent less than the average new car registered in 2016.

Keaney added, ‘Once again, our members are leading the way when it comes to reducing emissions, but the data shows the first signs that CO² reductions are slowing down. We believe this is a result of the government’s motoring taxation strategy, and policymakers must address this issue by offering a progressive tax regime.’