In addition to the heat, August is triggered by the renting of cars in a 45,7%

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The renting seems like the spaniards. This is apparent from the data that has ceased August in this sales channel. To have it clear, the renting (centered in the car) it is the leasing of a car for a period of time determined with a number of kilometres determined. Once this time and mileage have been achieved, the vehicle owner should consider three options.

The first, and more comfortable, would be to deliver the car to the dealer where you purchased it, and renew it for another. This situation would be ideal for the brand, as in the course of three or four years has sold a couple of cars, but rather, the other way would take between six and eight years. The second option would be to deliver the car, thank the brand for their services and courtesies, and not to acquire a substitute for the car. And the third option (it is not normal but it may be the case) would be to purchase the vehicle that we had under lease dealing with the payment of the residual value or guaranteed future value of our car.

Coches nuevos campa

This mode of purchase traditionally was directed to the companies. However now you want to implement also in the channel of private clients. The purpose of looking for the brands is to pay for the use of the asset in function of the needs of the customer and make more convenient the purchase and maintenance of our new car.

If we stick to the data, during the first eight months of the year, the renting of vehicles accumulates a growth of 16 per cent (this figure includes all types of vehicles). This growth represents 139.800 units against the 120.380 that were recorded during the same period of time in the year 2015. This rise is led by the companies with 20.1 percent and 99.520 units. The rest of the units are spread between private customers and fleets of heavy vehicles.

If we focus on the particular customers, the fleet of passenger cars and suvs reached in August an increase of 45,7 per cent enrolling 7.700 units compared to the 5.260 August 2015. According to the car brands, the market that more growth can have in the medium and long term is of particular customers and for this reason they will not launch offers succulent for customers to bet on the renting rather than the traditional purchase.

Source – the Spanish Association of Leasing and Renting (LEA)


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