Vehicle leasing prices have changed significantly. Many fleet managers wonder these days whether to review their car policy in order to align it with the current market, or perhaps wait a little longer until markets stabilize. What is the actual cause of the fact that the current car policy budget doesn´t fit with the changed market? In many countries, multiple causes can be pointed out, such as higher investment value or inflation.
We may carefully presume that the figures will not go back to where they were, any time soon. What is the impact on your lease price?
Price indexation
To make the complexity of the current price developments more tangible, International lease and mobility company Business Lease, has developed an Index which monitors the behavior of your Car Policy categories. With categories we mean the job levels and the corresponding lease price that the employee is eligible to have. The so called Car Policy Index enables Business Lease’ clients to adjust their Car Policy categories based on actual facts from the market.
All developments at a glance
The result is a dashboard with graphs which simply can be filtered by year or brand and giving insight in the development of the monthly lease rate. Besides that, it also displays the development of list prices, interest rates, cost of maintenance and dealer discounts – all per category.
The Car Policy Index will be operational as of 1 September 2022. Additionally, the Fleet Europe platform will host a live webinar moderated by Steven Schoefs, to talk about the Car Policy Index in a panel, followed by a Q & A session with the audience. In order to attend this live webinar you can register here.
Contact us
Whether you’re thinking about revising your car policy or you need to budget your fleet costs for next year, engage with the Business Lease International team for an open talk, via internationalsales@businesslease.com or visit us on our website www.businesslease.com/international.
About Business Lease
Business Lease is an internationally operating leasing and mobility company specialized in Central Europe. Our offices are located in Czech Republic, Hungary, Poland, Slovakia and Romania. As a family-owned business, we value personal relations as the basis for excellent service – including in our consultancy, aimed at helping your fleet perform above expectations in the ‘New Normal’.
