Scrappage Ending But No Improvement To Lease Rates

Thursday, 25. February 2010

The new car market is in total confusion. As the extended scrappage scheme finally comes to an end I have predicted that the manufacturers will turn their attention to the fleet market and offer incentives to fleet buyers and leasing companies. Unfortunately experts don’t share my optimism, they feel that manufacturers will still be cautious and unlikely to offer more incentives than are already available with increased registrations expected to come from the daily rental market. With an expected increase in demand this year, as a result of the anticipated improved economy and extended leases coming to an end, it is unlikely that manufacturers won’t see the opportunity to improve upon market share and improve incentives. Time will tell but in the meantime we must take account of the suggestions by the experts and if you see a great deal take it. It may not return. By Graham Hill