Saturday, October 4, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Application Services

    Belitsoft Lists Top 5 Trends Shaping Managed Application Services in 2025

    How Technology Ensure Safe and Secure Online Gaming with Eat and Run Verification

    Smart Building Technology Integration: Future-Proofing Hospitality Through Intelligent Systems

    Laptop

    Laptop Running Slow? A Technician’s Guide to Performance Restoration

    Woman in a red dress wears a VR headset, standing in front of a vibrant digital backdrop with blue and pink glowing lines, creating a futuristic feel.

    The Future of Online Entertainment: What’s Next for a Digital Generation

    How businesses can balance AI innovation with online security

    How businesses can balance AI innovation with online security

    Modern office with two people working at desks, each focusing on computer screens displaying code. The room is dimly lit, creating a focused atmosphere.

    Top 10 Bespoke Software Development Companies in 2025

    Before the Alarm Sounds: The Life-Saving Power of Fire Preparedness

    Before the Alarm Sounds: The Life-Saving Power of Fire Preparedness

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    How workplace pensions have changed in the UK

    How workplace pensions have changed in the UK

    Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

    Surprising Tools That Can Help You Manage Your Money

    Close-up of a smartphone screen showing stock data with a dark background. Companies listed include Boeing and Disney. Graph lines suggest market trends.

    Best Online Forex Brokers for High Leverage and Risk Management

    Person holding a smartphone displaying a stock market graph, with a laptop showing financial data in the background. The mood is analytical and focused.

    Top 5 Mutual Funds in the UAE (2025)

    Glass vase containing a money plant, symbolizing savings and financial growth.

    Building Generational Wealth: How Professionals Can Plan Beyond Their Lifetime

    Close-up of the word gambling

    UK gambling tax debate: simplification or squeeze?

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Visual guide on starting a business plan, highlighting key accounting and finance elements for new entrepreneurs.

    Finance vs accounting: Key differences and career paths

    The Role of Blockchain in Sports Beyond Cryptocurrency

    The Role of Blockchain in Sports Beyond Cryptocurrency

  • Environment
    Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

    Why Air Pollution Control Systems are Important

    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

  • Property
    Safe asbestos management for homeowners

    Safe asbestos management for homeowners

    Angular, metal sheet wall with diamond patterns behind a dark railing, conveying an industrial feel. The texture is reflective and geometric.

    7 Design Concepts That Use Decorative Metal Sheets

    Worker repairs a red-tiled roof, balancing on scaffolding. They wear protective gear under a clear blue sky, conveying focus and diligence.

    The Complete Guide to Roof Repairs: What Every UK Property Owner Needs to Know in 2025

    A Comprehensive Guide on an Inline Extractor Fan

    A Comprehensive Guide on an Inline Extractor Fan

    Red door labeled "Fire Exit Keep Clear," indicating it should remain unobstructed for safety.

    Fire door compliance: Essential considerations for contractors and housebuilders

    Furnished Apartments

    London Serviced Apartments: A Growing Trend Among Modern Travellers

    Close-up of Bungalow Houses

    The Key Reasons Park Bungalows Are A Smart Investment

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

  • eCommerce
    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

No Result
View All Result
Today News
Home Business

Car Leasing Trends in the UK: What’s Driving the Boom?

Danielle Trigg by Danielle Trigg
July 25, 2025
Reading Time: 5 mins read
Car Leasing Trends in the UK: What’s Driving the Boom?
82
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The UK car leasing sector has remained resilient during a time of shifting consumer priorities and tightening budgets. According to the British Vehicle Rental and Leasing Association (BVRLA), the UK leasing fleet grew by 0.65% in 2024, showing modest but notable expansion in a stagnant automotive market. The growth is especially strong in business leasing and electric vehicle (EV) salary sacrifice schemes, while private car leasing has dipped slightly due to economic pressures.

In total, around 20–30% of new cars in the UK are acquired through leasing. While leasing hasn’t overtaken car ownership overall, it’s become a key part of how individuals and businesses access vehicles—especially in urban areas and among younger professionals seeking more flexibility and predictability.

Related posts

MISA License

MISA License in Saudi Arabia: A Complete Guide for Foreign Investors

October 2, 2025
402
Charter Schools

Navigating Charter Schools: Ensuring Growth for Curious Young Minds

October 2, 2025
557

What’s Driving the Leasing Trend?

1. Electric Vehicles and the Rise of Salary Sacrifice

The UK’s transition to electric vehicles is closely linked to leasing. New EVs remain expensive to buy outright—often starting around £30,000—but leasing spreads the cost and avoids depreciation concerns. According to BVRLA data, 54% of new cars leased by businesses in 2024 were EVs, and 87% of new salary sacrifice lease vehicles were electric.

One major factor is taxation: under salary sacrifice, employees lease EVs through their employer using gross salary—reducing income tax and National Insurance contributions. These schemes are cost-neutral or even cheaper than running a petrol vehicle, especially with Benefit-in-Kind (BIK) tax rates for electric cars at just 2%.

In fact, BVRLA reported that salary sacrifice leasing grew by 61% in 2024, making it the fastest-growing form of car acquisition in the UK.

2. Consumer Demand for Predictability

Leasing offers fixed monthly payments and the option to include road tax, maintenance, breakdown cover, and sometimes even insurance. For cost-conscious consumers, this predictability is appealing—especially in an era of rising living expenses.

Drivers avoid the financial uncertainty of owning a depreciating asset or facing unexpected repair bills. This is particularly attractive for young professionals, freelancers, and remote workers who no longer commute daily but still need a car occasionally or seasonally.

3. Shift from Ownership to Access

While full car ownership still dominates, there’s a cultural shift underway. The post-COVID era saw many people reassess their transport needs. With hybrid working now the norm, the necessity of owning a vehicle has decreased for some, especially those in cities.

Instead, we’re seeing a gradual shift from the idea of ownership to “pay-as-you-use” mobility models—leasing, subscription, and short-term rentals. Research by PwC UK showed that 49% of consumers would prefer car subscriptions—where everything is bundled into one monthly fee—over traditional finance or purchase options.

4. The Growth of Subscription-Style Leasing

The UK car subscription market was valued at £460 million in 2024 and is forecast to reach £2.1 billion by 2030, with a projected compound annual growth rate (CAGR) of over 29%. These services often include maintenance, insurance, and the ability to change vehicles every few months—ideal for those who want total flexibility without long-term ties.

Although not traditional leasing, subscription-style ownership is part of the broader movement toward access over ownership, and platforms like Onto, Care by Volvo, and Flexed are expanding rapidly.

5. Digital Leasing Platforms Make It Effortless

Gone are the days when leasing meant sitting in a dealership office for hours. Today’s leasing platforms allow users to browse, configure, and sign lease agreements entirely online. Customers can choose contract length, mileage, and extras like servicing or insurance, all from their phone or laptop.

Leasys even integrates real-time vehicle stock, so customers can select from in-stock cars with fast delivery. This level of ease has helped push leasing into the mainstream—especially for first-time leasers or digital-native users.

Personal Leasing Declines Amid Inflation

Despite these advantages, personal contract hire (PCH)—the most common form of private leasing—declined by 13.2% year-on-year in Q2 2024, according to BVRLA. This likely reflects general economic caution, as inflation and interest rates have squeezed household budgets.

However, industry experts believe this is a temporary dip, with demand likely to rebound as more competitive offers appear and consumer confidence returns.

Snapshot: UK Leasing in 2024–2025

SegmentTrend
Overall leasing market growth+0.65%
Business contract hire (cars)+6%
EV salary sacrifice leasing+61%
EV share of business leases54%
EV share of salary sacrifice87%
Personal leasing (PCH)–13.2%
Car subscription market size£460M → £2.1B by 2030
Share of new cars leased (est.)20–30%

Conclusion: Smart Mobility Is Flexible and Digital

Car leasing in the UK has evolved. It’s no longer just a business strategy—it’s a smart personal finance move for drivers who want lower risk, more flexibility, and easier access to cleaner, newer vehicles.

From the growth of EV leasing and salary sacrifice to the rise of fully digital platforms, the leasing landscape is more consumer-friendly than ever. With the added boost from subscription-style options and cultural shifts post-COVID, leasing is no longer a niche—it’s a vital part of the UK’s future mobility mix.

If you’re looking for cost control, convenience, and environmental alignment, leasing could be the smart choice for your next car.

Danielle Trigg

Previous Post

The Rise of Remote Work: Implications for UK Businesses

Next Post

Off-Grid Generators: Powering Life Without the Mains

Related Posts

MISA License
Business

MISA License in Saudi Arabia: A Complete Guide for Foreign Investors

October 2, 2025
402
Charter Schools
Business

Navigating Charter Schools: Ensuring Growth for Curious Young Minds

October 2, 2025
557
Cyprus
Business

UK Families Look to Cyprus in 2025 as Demand for International Moves Rises

October 2, 2025
403
Baby’s Clothes
Business

The Dirty Secret Hiding in Your Baby’s Clothes (and How to Fix It) 

October 2, 2025
557
Coffee
Business

Balancing Stimulation and Calm: Coffee Meets Mushrooms in Your Daily Routine

October 2, 2025
463
SEO Agencies in the UK
Business

Why the Best SEO Agencies in the UK Are Abandoning Traditional Strategies for AI-Powered Growth Hacking

October 2, 2025
555
Next Post
Off-Grid Generators: Powering Life Without the Mains

Off-Grid Generators: Powering Life Without the Mains

RECOMMENDED NEWS

App Modernization Services: Transforming Legacy Applications

App Modernization Services: Transforming Legacy Applications

10 months ago
654
Row of storage units

StorageDefender Expands with Groundbreaking RV and Boat Smart Monitoring Solutions

12 months ago
426
8 Pros and Cons of studying in the UK and how to do it

8 Pros and Cons of studying in the UK and how to do it

3 years ago
592
Why are megaways slots online better? Expert opinion from SlotsSpot

Why are megaways slots online better? Expert opinion from SlotsSpot

6 months ago
634

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Person in a pink blouse holds a pink ribbon, a symbol of breast cancer awareness

Breast Cancer Awareness Month in the UK: Shining a Light on Care, Recovery, and Your Right to Compensation

October 3, 2025
Two people sit on separate benches under leafy trees, facing a calm lake and Toronto Canada's skyline with the CN Tower

What Makes Canada Holidays Different From USA Holidays

October 3, 2025
Explore Manchester: Landmarks, Culture & Fun

The Must Visit Places in Manchester

October 2, 2025
Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

Why Air Pollution Control Systems are Important

October 2, 2025
Vibrant flower garden with red and pink blooms, purple accents, and a central fountain in Hertfordshire, England

Why More and More People are Moving from London to Hertfordshire

October 2, 2025
Row of parked cars, predominantly blue and red, are closely aligned in a dealership lot. Sleek designs and glossy finishes convey a modern, polished look.

Why You Should Consider a Used Car Over a New Car

October 2, 2025
The Biggest Premier League Games in October 2025

The Biggest Premier League Games in October 2025

October 2, 2025
MISA License

MISA License in Saudi Arabia: A Complete Guide for Foreign Investors

October 2, 2025
Charter Schools

Navigating Charter Schools: Ensuring Growth for Curious Young Minds

October 2, 2025
Cyprus

UK Families Look to Cyprus in 2025 as Demand for International Moves Rises

October 2, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Person in a pink blouse holds a pink ribbon, a symbol of breast cancer awareness

Breast Cancer Awareness Month in the UK: Shining a Light on Care, Recovery, and Your Right to Compensation

October 3, 2025
Two people sit on separate benches under leafy trees, facing a calm lake and Toronto Canada's skyline with the CN Tower

What Makes Canada Holidays Different From USA Holidays

October 3, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact