Diesel Leasing Bucks the New Car Sales Decline

Jun 18, 2019
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Indeed, our new research shows that enquiries for leasing of diesel cars is actually up by 13 per cent compared with 2017 and that diesel engine-cars still remain the most popular for those leasing vehicles.

The increasing popularity of leasing diesel models is because the lender or broker takes on ownership of the vehicle, so it is risk free for the customer, allowing them to select the best car for the job without worrying about the future.

The increasing popularity of diesel leasing contrasts sharply with data from the Society of Motor Manufacturers and Traders (SMMT) which shows that year-to-date new car diesel sales slumped from 1,008,323 in 2017 to just 707,702 in 2018.

The depth of the decline is highlighted further in figures which show that the sale of new diesel cars collapsed from 42.2 per cent market share in 2017 to 31.8 per cent in 2018 year-to-date.

However, among the most popular of our diesel cars to lease are the Range Rover Evoque and Jaguar E-PACE.

For more information on any of our studies, please feel free to contact us on 0161 434 4321 Ext 307.

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