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Fleet electrification starting to prompt switch to leasing for SMEs

By |2022-05-17T11:58:42+01:00May 17th, 2022|Categories: Leasing & Finance News|Tags: , , , |

Leasing circumvents the problems of upfront costs and provides regular payments over a period of time, plus it also removes any residual value worry. This is an issue because some SMEs perceive that current EVs will be superseded by better models in the medium term. Also, there is a general degree of worry about the shape of the economy and leasing means that businesses can keep more money in the bank for a longer period of time, providing a higher degree of liquidity if problems do arise

Daily rental companies turning away fleet business for retail

By |2022-05-16T11:07:16+01:00May 16th, 2022|Categories: Leasing & Finance News, Sector Analysis|

Rental shortages are currently a regular topic of conversation among AFP members, with widespread discussions about the difficulties being faced. It’s a situation that is showing few signs of improvement and may even get worse before it improves. Rental companies – like everyone else – simply can’t access new vehicle supply in the quantities they need.

Genesis chapter 4 – G80 2.2 AWD

By |2022-05-16T10:58:41+01:00May 16th, 2022|Categories: Leasing & Finance News|

The G80 comes is certainly at the luxury end of the saloon market and offers lots of standard features, luxury seating and lots of space. It's up against the likes of the BMW 5 0r 7 series, Audi A8 along with the bigger Mercedes. While the Genesis can match them on looks and equipment, it struggles to compete as an equal when it comes to performance and handling.

Lee Duerden of The Best Car Deals joins the LBF Steering Committee

By |2022-05-13T11:27:02+01:00May 13th, 2022|Categories: Leasing & Finance News|

We are pleased to announce that Lee Duerden has joined the LBF Steering Committee, formed to shape the future development of the Federation through suggesting ideas, recruiting new service support partners, funders and members, recommending educational [...]

Smart, flexible contract management is answer to EV multi-cycle leasing

By |2022-05-09T10:56:04+01:00May 9th, 2022|Categories: Leasing & Finance News, Sector Analysis|Tags: , , , , |

Leasing companies are also looking to retain control over vehicles for longer leasing cycles. The ‘Move 2025’ strategic plan at ALD Automotive, another Sofico client, comprises a business model in which vehicles are leased, in some cases, for their entire lifespan, involving multi-cycle leasing, used car sales and multi-channel distribution.

Pick of the pick-ups – Isuzu D-Max V-Cross

By |2022-05-09T10:39:29+01:00May 9th, 2022|Categories: Leasing & Finance News|

The D-Max comes in single and double cab variants and it’s powered by a 1.9-litre turbodiesel, a little rough around the edges but this is a commercial vehicle after all and it does the job very effectively. It has the ability to tow 3.5 tonnes and the vehicle is also backed by Isuzu’s 125,000 mile/5 Year warranty. The model range runs from the entry Business through All-Purpose to Adventure. Business has Utility trim, offered in 4x2 or 4x4 and in three different cab types - single, extended and double cab

SMMT revises new car sales forecast downwards

By |2022-05-09T10:12:22+01:00May 9th, 2022|Categories: Leasing & Finance News, Sector Analysis|Tags: , , , , , |

Supply chain issues are causing OEMs to feel the pinch more than ever as they struggle to fulfil increasing orders, on top of a backlog of deliveries. With a protracted shortage of vehicles, it is prudent for drivers and fleet operators to be planning further ahead, increasing their renewal cycle from 6 to 9 months in advance. For leasing companies, there is an onus on providing flexible extension agreements to help alleviate the current situation.

VW Caddy Life – perfect bag (and people) carrier

By |2022-05-04T14:07:57+01:00May 3rd, 2022|Categories: Leasing & Finance News|

The Caddy is now in its fifth generation and while there are larger five-seat VWs around, this version is probably the best value, starting at under £25,500, and the most practical as a family vehicle. It sits on the same VW Group MQB platform which means it shares many of the attributes of the latest Golf, including engines, safety equipment and many interior features.

ZenAuto and the art of EV charging with Ohme

By |2022-04-29T10:17:03+01:00April 28th, 2022|Categories: Leasing & Finance News|Tags: , , , |

ZenAuto  is part of Zenith and provides drivers with the options of new or used cars. It has a fleet of over 9000 cars, with an increasing number switching to electrified vehicles. A survey undertaken by ZenAuto following the COP26 climate change summit in Glasgow, found that more than a third of drivers were considering a switch to an electric car sooner than they had originally planned.

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