Data from ContractHireAndLeasing.com – the UK’s largest marketplace for new vehicle leasing – showed that the Audi A4 was the most enquired about new car in November.
Retailers and leasing brokers advertising offers on the ContractHireAndLeasing.com marketplace last month received the most enquiries about the A4, followed by the Volkswagen Golf and then the Mercedes-Benz A-Class.
The Volkswagen Group dominated the top ten most enquired about new cars in November, occupying five of the top ten spots, with Mercedes-Benz taking three of the spots.
Top ten personal leasing enquiries:
Audi A4 Volkswagen Golf Mercedes-Benz A-Class BMW 4 Series Volkswagen Tiguan Mercedes-Benz C-Class Mercedes-Benz E-Class Nissan Qashqai Seat Leon Audi A5
The most commonly selected consumer payment profile on the marketplace was nine months advance rentals with a 23-month term (referred to as 9+23).
According to statistics from the Finance & Leasing Association (FLA), the number of personal leasing agreements sold has consistently outperformed hire purchase (HP) over the last six months, making personal leasing the second most popular finance product in the consumer new car market behind personal contract purchase (PCP).