Press Releases


More banks will return to the vehicle rental and leasing market this year, bringing extra funding to help the industry meet growing demand for rental and contract hire.


Accounting-standard setters need to simplify their proposals for leasing to achieve their goal of bringing more transparency to company accounts, claims the BVRLA.


Rental companies are being urged to issue customers with a new, easy-to-read ‘key facts’ document that explains the terms and c


Leasing and rental will remain popular forms of vehicle finance, despite new lease accounting proposals announced by the International Accounting Standards Board today.


Leased fleets are overpaying hundreds of millions of pounds¹ in VAT, according to new business mileage data compiled by the BVRLA.


Commenting on today’s emergency Budget, BVRLA chief executive John Lewis said:


The BVRLA has advised Chancellor George Osborne to abolish the tax disc and allow the purchase of multi-year Vehicle Excise Duty.


Neil Cunningham has taken over as the new vice-chairman of the BVRLA.


The BVRLA welcomes the European Commission’s guidelines to its Block Exemption regulations, which will protect leasing companies ‘end user’ status.


Following a successful pilot programme earlier this year, the BVRLA and the Institute of the Motor Industry have launched a new Automotive Technician Accreditation (ATA) for the rental and leasing