Equipment Finance News

Private car leasing

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Meanwhile, private leasing is getting more popular in the region, as recent figures show. According to Swedish broadcaster Sveriges Radio, total new car sales increased 14% in March 2015 compared with the same period a year earlier, while the number of private leases rose 40%, continuing their rapid growth of recent years.

For the Volkswagen Group, the share of its models sold in Sweden through private leases doubled from 12% of sales to private individuals in 2012 to 24% in 2014. A greater volume of smaller cars are bought by private leases, with larger models being purchased by fleets.