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Leasys sees fourth consecutive year of growth in the UK

This year Leasys UK, the contract hire division of Fiat Chrysler Automobiles Bank (FCA Bank) which represents the Fiat, Abarth, Alfa Romeo, Jeep, Fiat Professional and Maserati brands, has introduced a slew of new products which has ensured its continued growth. In spite of the challenges 2020 has thrown up, Leasys UK has grown by 23% so far taking its fleet size to 16,461 vehicles, its largest ever.
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Sebastiono Fedrigo

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November 10, 2020

Leasys has continued its record of success rising to 16th position in the FN50 2020 list of the nation’s biggest and most successful contract hire and leasing companies, a rise of 15 places in the rankings.

This year Leasys UK, the contract hire division of Fiat Chrysler Automobiles Bank (FCA Bank) which represents the Fiat, Abarth, Alfa Romeo, Jeep, Fiat Professional and Maserati brands, has introduced a slew of new products which has ensured its continued growth. In spite of the challenges 2020 has thrown up, Leasys UK has grown by 23% so far taking its fleet size to 16,461 vehicles, its largest ever.

The introduction of innovative products such as Leasys Miles, based on a pay-as-you-go concept and launched on the Fiat 500 Mild Hybrid, has ensured that the company continues to offer relevant products that appeal to vehicle buying consumers. The popularity of Leasys Miles has lead to its expansion across the Fiat range, with it now being available on the Fiat 500X Sport for £149 per month*, the range topping 1.0-litre 500 and 500C Mild Hybrid Launch Editions for £139 per month* and £199 per month respectively, as well as for £99 per month* on the 1.0-litre Fiat 500 Mild Hybrid Lounge.

Sebastiano Fedrigo, managing director Leasys UK, said: “The ability to adapt to a rapidly changing marketplace has been a key element in Leasys’ continued growth in 2020. While this year has had its share of challenges, Leasys has been able to adapt its offering and support our customers and retailers by introducing innovative new products.”

“This unprecedented year has seen us introduce Job Loss Protection, to give customers greater peace of mind when leasing their new vehicle. While with Leasys Miles, we have reinvented the traditional car lease model to offer customers an affordable way to access some of our most popular vehicles, that means they simply pay proportionally for how far they drive.”

“2020 has also seen a greater focus on how we work with our retail network, which will culminate in the introduction of two new products before the end of the year including Clickar the proprietary online auction website where the network can purchase our vehicles for no fees online. These will make sourcing used vehicles from Leasys easier than ever before and set us up for an even stronger start to the new year.”

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Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

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