News Story

The BVRLA publishes latest Quarterly Leasing Survey

Release Date: 
11/12/2017

Findings from the latest BVRLA Quarterly Leasing Survey show that the total business fleet leasing market (contract hire and finance lease) for cars and vans has grown 2.5% year-on-year to 1,338,000. Although 1% down on the previous quarter, this follows two consecutive quarters of growth.

Average CO2 figures for newly registered BVRLA member lease cars remained stable at 111.7g/km in Q3-2017 almost unchanged from the previous quarter. However, year-on-year comparisons show an upward trajectory with CO2 emissions up 0.9% in Q3-2017 compared to the same period in 2016 (110.7g/km).

Although overall CO2 emissions are gradually increasing, newly registered BVRLA member lease cars still have average emissions 8% lower than the overall UK new car market, which emit on average 121.3g/km, up by 0.7% year-on-year and on the previous quarter.

BVRLA Chief Executive Gerry Keaney said: “We currently have a poorly designed tax environment that encourages people to make their own arrangements rather than choosing a company car. This is putting older, higher-polluting grey fleet vehicles on our roads.

“To this we can add the demonisation of diesel and continued uncertainty around air quality measures, which is nudging people towards petrol cars. The inevitable result is that we are seeing CO2 levels increasing.

Members can access the Q3-2017 Quarterly Leasing Survey here.

Read the full press release: CO2 levels increase as focus on NOx continues