Lease penetration 2007

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One reason for the expansion of leasing to the non-luxury space is the Asians', and in particular the Koreans', interest in leasing. Our analysis of car owner's spending and geographical span of the country tells us a lot where and how to develop fuel management, technical costs, seasonal change of tyres, road assistance, and substitution cars. Being one of the largest and stable buyers of cars in Russia, we package pure financial lease with value adding services delivered with help of our purchasing power. Recently though, leasing increasingly has been adopted by non-luxury marques. The global light vehicle population mix is changing. This says to me that we, automotive finance professionals, have to do even better and develop accessible products to finance those purchases. Automotive leasing moves beyond the luxury market 07 October Tom Libby.

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The customer basically uses leasing as the way of purchasing a car — they pay advance payment and the rest in instalments over an average term of 30 months.

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Europlan: Leasing penetration of just 5% is unacceptably low

This industry-wide rise in leasing has been well-publicized, but the trends underneath the top line, some of which are counter-intuitive, have not gotten as much exposure. One reason for the expansion of leasing to the non-luxury space is the Asians', and in particular the Koreans', interest in leasing. Russian businesses prefer to use financial leases instead of operational that is why finance leasing of cars is times larger than operational. Despite the picture of the country abroad, not only big oil and gas companies in the market. Visit our other websites. Advertising Want to capture the attention of the International Fleet and Mobility leaders? View Globule Bleu's website.

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