We have reasons to be optimistic

According to Tímea Pesti, commercial director of LeasePlan Hungária Zrt. new vehicles are most of the time purchased for company fleets.

However, although in recent years the ratio of corporate and private purchases used to be 75 to 25 percent, last year this changed to 70 to 30 percent, indicating that some kind of growth has already started and there are reasons to be optimistic. In 2013 14 percent less new financing contracts were signed and their value reduced by 17 percent. Every 6th new vehicle and every 5th company car were sold in a fleet finance scheme. The commercial director told that the average running time of vehicles increased and the size of corporate fleets reduced due to the negative influence of new regulations in various industries (e.g. distribution in the tobacco product trade). At the same time because of the MNB (Central Bank of Hungary) lending scheme, which can also be used to finance the purchasing and the leasing of utility vehicles, the utility vehicle market has been growing since the summer of 2013. Operating lease schemes remain popular with enterprises.