03.11.2020 / Special purpose vehicle leasing: results of 9 months of 2020

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Following results of the first nine months of 2020, 15.0 thousand financial leasing contracts for special purpose vehicles were concluded in Russia[1]. This is 10.8% more than was concluded in the same period of 2019[2].

For the reporting period, 16.6 thousand special purpose vehicles were transferred to financial leasing, which was a 6.6% rise year-on-year.

Special purpose vehicles in financial leasing by month, thousand units

Source: Federal resource, Russian Automotive Market Research

In January-September 2020, the number of road construction vehicles leased increased by 2.5%, agricultural and warehouse vehicles - by 8.8% and 4.9%, respectively.

Special purpose vehicles in existing leasing contracts, thousand units

Source: Federal resource, Russian Automotive Market Research

In January-September 2020, JCB became the leader in the segment of road construction vehicles. CATERPILLAR vehicles took the second place. KOMATSU rounds out the leading three.

TOP-5 brands of road construction vehicles in existing leasing contracts, %

Source: Federal resource, Russian Automotive Market Research

Absolute leader in the segment of agricultural vehicles is BELARUS, which accounted for 38.9% over the first nine months of 2020. TOP-3 also included JOHN DEERE and RSM.

TOP-5 brands of agricultural vehicles in existing leasing contracts, %

Source: Federal resource, Russian Automotive Market Research

As for warehouse vehicles leased in January-September 2020, JUNGHEINRICH brand was in the greatest demand among lessees. The second place was occupied by KOMATSU. LINDE rounds out the leading three

TOP-5 brands of warehouse vehicles in existing leasing contracts, %

Source: Federal resource, Russian Automotive Market Research

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1  Hereafter, financial leasing contracts concluded in January-September 2020 effective as of 01.10.2020

2  Hereafter, financial leasing contracts concluded in January-September 2019 effective as of 01.10.2019