The latest research 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.
BVRLA members can access a full version of the report.