Le Lézard
Classified in: Transportation
Subject: SVY

Europe Used Car Leasing Market Forecasts to 2023 - Global Leasing Companies are Beginning to Remarket Used Cars in Operational Leasing Format in Western & Northern Europe


DUBLIN, Jan. 22, 2020 /PRNewswire/ -- The "Strategic Analysis of European Used Car Leasing Market, Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

This study takes into account historical and current market conditions and insights and opinions from market participants to provide an outlook on growth opportunities in used car leasing through 2023. In addition to market data for the portfolio, the study provides insights on different providers of used car leasing service, with a focus on their portfolio and sales strategies.

The evolution of any industry depends on factors such as transformational trends that are linked to the macroeconomic factors of the region. The study covers these evolutionary trends that are expected to shape the market. For leasing providers and other companies that share the leasing ecosystem, interest lies in the growth opportunities that they need to leverage and the strategic imperatives that aid in their pursuit of growth and success.

Overall, the study provides a 360-degree understanding of the used car leasing space in Europe and offers a detailed account of the key trends, market overview, and outlook.

The global fleet & leasing industry is starting to focus on remarketing used cars in the B2C channel from the traditional B2B channel.

Traditionally, fleet leasing companies in Europe sold used cars in bulk to small dealers through auctions and brokers (B2B). Dealers sold these cars to end-users with flexible finance options including personal loans and financial lease agreements. As growth in the new fleet leasing market begins to experience friction, independent leasing companies started remarketing their off-lease vehicles directly to end-users (B2C).

To reach out to end-users directly, global leasing companies, not restricting themselves to cash/credit sales, are starting to widen their used car financing options through operational leasing. In parts of Western and Northern Europe, LeasePlan, Arval, Alphabet, and ALD introduced operational leasing of used cars through 2018 and early 2019. This study sheds light on the market size and provides sales/parc data for the operational lease and financial lease of used vehicles. The different models of used car leasing are discussed in detail, with a focus on the actual development and the growth potential of financial lease and operational lease of used cars.

Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Businesses in the present market conditions are focused on their core products/services and seek to outsource all other support activities. Mobility is a significant department - starting from fleet purchase to remarketing at a competitive price - and for each of the segments in the value chain, unless an expert team is on the job, issues such as cost spikes, utilization mismatches, irregularities in fleet maintenance, and risks of dips in residual value can crop up.

Leasing the fleet enables hassle-free mobility, on-demand mobility, and fleet after-service facilities, among other benefits. This has driven the growth of the leasing market and a huge supply of off-lease vehicles that need to be remarketed every year.

Key Topics Covered

1. Executive Summary

2. Research Scope and Segmentation

3. Definitions

4. Introduction

5. Used Car Leasing - Types

6. Customer Segments

7. Drivers and Restraints

8. Market Metrics

9. Key Trends

10. Competition Analysis

11. Potential Supply Market Analysis

12. Regional Market Analysis

13. Growth Opportunities and Companies to Action

14. Key Conclusions

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/va5pb2

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets


These press releases may also interest you

at 09:45
Truckin Digital, an innovator in logistics and transportation software solutions, is thrilled to unveil its 2024 Trucking Software ERP, a comprehensive suite designed to improve trucking operational capabilities. This latest release promises to...

at 09:20
This strategic move...

at 09:15
101 Mobility® is thrilled to announce the opening of its newest location in Eden Prairie, marking the introduction of the city's first nationally branded full-service provider of a wide range of mobility equipment. This includes stair lifts, ramps,...

at 09:13
The trucking industry says new emission standards for heavy-duty trucks announced today by the Biden Administration have unachievable targets and will carry real consequences for the U.S. supply chain and movement of freight throughout the economy....

at 08:55
Shield AI, Inc., a defense technology company building the world's best AI pilot, and Kratos Defense & Security Solutions, Inc. , a Technology Company in the Defense, National Security and Global Markets and an industry-leading provider of...

at 08:47
Kunes Auto & RV Group, a Midwest automotive group, is continuing its company growth with the opening of its new store in Beloit, Rock County, Wisconsin. Purchased from Finley GMC, the new automotive store will operate as Kunes GMC of Beloit starting...



News published on and distributed by: