Leasing Broker Survey (January to June 2020) Summary

The BVRLA broker channel fleet grew by 7% to 362,461 compared to the same period in 2019.

New contracts for both cars and LCVs are down compared to the first half of 2019 (-13% and -12% respectively). Existing trends continued including increasing percentage of consumer contracts for cars, despite fall-out from the COVID-19 pandemic including forbearance, lock-down and other increased regulatory intervention.