The BVRLA is the trade body for the vehicle rental and leasing sector.
By consulting with government and maintaining industry standards, we help our members deliver safe, sustainable and affordable road transport to millions of consumers and businesses.
Latest data from the BVRLA shows that membership has continued to grow throughout 2017. As the association’s 50th year drew to a close, membership reached 931, with a record fleet size of almost 5 million vehicles – that’s 1-in-8 cars, 1-in-5 vans and 1-in-5 trucks licensed on UK roads.
An increasing number of small and medium sized businesses (SMEs) joined the BVRLA and all core membership categories saw a year-on-year increase. The association recruited 77 new members over the course of 2017 and saw a net year-on-year gain of 23 members across all sectors.
The BVRLA has published its latest Quarterly Leasing Survey results, showing that the size of the total business leasing sector for cars and vans has grown to 1.343 million, an increase of 8,000, up 0.6% year-on-year.
Total car leasing (all leasing types) grew by 2% year-on-year down from 6% in Q3 2017 and down 12% year-on-year. Whist PCH grew by 20% in Q4 2017 the growth rate has continued to decline since it peaked in Q2 2016 at 55%.