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Fleet Sales down for July PDF Print E-mail

On the whole the new car market was up by 2.4% according to SMMT figures for July, however fleet registrations were at the lowest year falling a further 18%. With scrappage having contributed to 22.8% of all registration since it’s onset.

Breaking down the figures a but more sub-25 vehicle fleet business sales were up by around 0.4% so it’s the bigger fleets that have still to get back to normal purchasing. Many companies had put a freeze on procurement of fleet last year pending the seeing the effect of the economic downturn, it would seem that as of yet most have not retracted these policies.

However, how long can you keep running the same cars and vans between the leasing companies wanting to get the cars back for sale in the bouyant used market and the rising mileage and maintenance costs, it won’t be long before fleet is replaced through necessity rather than preference.

 
 
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