BVRLA report finds increase in van rental and leasing

Demand for rented and leased commercial vehicles is increasing as operators look for flexible options during this continuing period of uncertainty.

This is one of the findings from the BVRLA 2020 Industry Outlook for Commercial Vehicles report, charting the main challenges faced by the sector and providing insight into how they are being overcome.

BVRLA Chief Executive Gerry Keaney said: “Commercial vehicles are the lifeblood of the UK economy and operators are looking for flexible and adaptable support with their fleets. Many truck and van operators are delaying re-fleeting decisions, largely due to a lack of confidence in their ability to forecast as a result of continuing uncertainties.

“Cost remains a major concern for operators, as knowing what a vehicle will cost post-Brexit is still an unknown. When you combine this with the confusing array of local air quality initiatives, the landscape becomes even more uncertain.

“Renting and leasing is becoming an increasingly attractive option for commercial vehicle operators and with 88% of members’ rental van fleet and 67% of leased vans currently Clean Air Zone compliant, compared to 21% of the total UK van fleet, BVRLA members stand ready to meet the needs of businesses across the UK who are looking for cleaner, cost-effective vehicles.” 

The reports finds that devolving air quality strategies to local government has created inconsistency and uncertainty.