|Global Company Car Leasing Market Outlook, 2019|
|2019 is Going to be the Year of Enhancements in Company Car Leasing Solutions such as SME, Used Car and xEV Leasing With Europe Taking Lead in Refining these Business Models|
Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Big corporates and businesses, in the current market conditions, are focused on their core products/services and would like to outsource all other support activities. Mobility is a significant cost center which requires resource in terms of money and time. Starting from fleet purchase to re-marketing at a better price, and for each of the intermediary segments in the value chain, issues such as unnecessary cost spikes, utilization mismatches, irregularities in fleet maintenance, and risks of dips in residual value can crop up, unless an expert team is on the job. Corporate prefer leasing the fleet as a hassle-free mobility service which offers on-demand mobility, and fleet after-service facilities, among others. This demand has driven growth and given the leasing market a structure and regulated the ecosystem.