The number of lease cars is growing less quickly

The lease sector is also suffering from the corona crisis and is growing less fast than before. This is reported by the Association of Dutch Car Leasing Companies (VNA).

According to the association, this is because because of the pandemic and the accompanying measures, for example, fewer business kilometers were made and the business lease fleet is shrinking. The number of business passenger cars fell by more than 2 percent to 724,800. In previous years there was still a significant growth in the number of business lease cars. In September it became clear that the demand for business lease cars was declining sharply. Then it was still a shrinkage of 1.4 percent.

The number of company cars and private lease cars did increase. In 2020, the lease vehicle fleet grew by 1.5 percent to 1.1 million vehicles. Private lease grew by 14 percent to more than 214,000 cars. According to the VNA, the pandemic has caused a change in transport behavior, from public to individual transport. According to the association, this is increasingly done electrically. In 2020, more than one in four newly registered passenger cars, for both business and private lease, was electric. In 2019 this was still one in 5.5. Earlier this year, Techzle investigated which private lease cars were most searched for in our Private Lease Comparator. That’s where this top 10 rolled out.

Delivery vans also do better, according to the VNA. That number grew by nearly 3 percent to 206,000 in the past year. According to the association, one in five vans is now leased. The association expects this share to increase further in the coming years, as delivery vans will play an increasingly important role in transport due to the growing popularity of online shopping.

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