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Leasing grows by more than 10% through September 2017

Leasing registrations grew by 10.51% through September

Asociación Española de Renting de Vehículos (AER) today published data on vehicle registrations recorded by leasing companies, accumulated up to September 2018, which totaled 209,955 units, representing a growth of 10.51%, over the same period in 2017, when 189,990 units were recorded.

The weight of leasing in total registrations stands at 17.19%.

In September, vehicle leasing accounted for 13,642 units, 15.32% less than in the ninth month of 2017, when 16,110 units were registered.

The corporate leasing channel grew by 17.51% in the first nine months of 2018 compared to the same period in 2017, with leasing accounting for 32.50% of total registrations in this channel.

Total investment, made in the acquisition of new vehicles by leasing companies, in this period, has reached 3,849 million euros, 8.12% more than in the first nine months of 2017, when an investment of 3,560 million euros was recorded.


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Agustín García, president of the Spanish Association of Vehicle Renting, assesses the data: "After a month of August with surprising results, in September renting registrations have fallen compared to the accumulated 2017; however, the important thing is the overall evolution and, in this sense, the progress of renting continues to be very positive. With three months to go, we maintain the forecast of double-digit growth. It is also important to highlight the fact that leasing has a weight of 32.50% in the corporate channel, where it recorded an accumulated increase of 17.51%."

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