Graham Hill Car Finance Expert Asks If We Are About To See A Drop In Lease Rates

Thursday, 18. March 2010

My view, over the last few weeks, that we will see some return to the fleet market by manufacturers, now struggling with sales, following the end of the scrappage scheme, seems to be substantiated as Skoda, Chevrolet and Renault have all stated in one week that they are aiming at the fleet market. Renault aims to increase its market share from 3.17% to 5% this year whilst Chevrolet launches an independent fleet sales team. Skoda have announced plans to increase the number of fleet demonstration cars and to increase sales to 16,000 vehicles into fleets in 2010. Skoda currently has a share of 1.5% which they hope to increase to 2%. Whilst the VW owned cars continue to improve and look better with each model they still haven’t managed to shrug off the poor image that Skoda had before VW took them over. Let’s see if they throw barrow loads of money at them and provide us with some great rates. By Graham Hill