23.08.2021 / The demand for LCV leasing increased

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lcv-leasing-demand

The agency Russian Automotive Market Research summed up the financial leasing market in H1 2021 and prepared the «Vehicle leasing: January-June 2021» report.

In January-June 2021*, a total of 20.6 thousand new and used LCV were issued for financial leasing, which was a 104.5% rise on the result of the similar period of 2020**.

The share of sole proprietors in financial leasing contracts for new and used LCV showed a 0.9% decrease, while that of companies with state participation fell as well from 3.4% to 2.6%. The share of individuals and large enterprises, on the contrary, grew to 3.3% and 16.1%, respectively.

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*
Hereinafter financial leasing contracts concluded in January-June 2021 effective as of 01.07.2021
**
Hereinafter financial leasing contracts concluded in January-June 2020 effective as of 01.07.2020