Leasing Broker Research: Contracts up 10%
The latest Leasing Broker Research published by the BVRLA shows that the total number of vehicles on contract is up 10% from the end of 2016 (Jan-Jun 2017), with the total number of new contracts in this period sitting at 50,140.
Total number of contracts is 287,683, a net increase of 26,030.
The sector continues to grow, all be it at a slower pace, and this growth appears to be driven largely by Personal Contract Hire (PCH).
The BVRLA carries out leasing broker research twice a year. It provides the industry with an understanding of the size, scope and scale of the leasing broker sector. The data includes, market trends, and activity within the broker community.