AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Leasing increases

28th February 1981
Page 15
Page 15, 28th February 1981 — Leasing increases
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

THE VALUE of new leasing bus ness last year stood at 14 pc cent, even allowing for inflatio and the recession, according t figures issued by the Equipmer Leasing Association. The statil tics point to a considerable ii crease in the cv field, althoug car business declined. JOH DURANT reports.

Commercial vehicles wort £291m were acquired by men ber companies of the ELA la: year; this compares with £2251 in 1979 and £154m in 1978. Ul fortunately, these figures cann4 be broken down into hire reward and own-account se tors.

Other ELA figures, howev€ show the value of assets a quired by member companii by type of lessee. These show increase in transport over ti years from £285m in 197 E377m in 1979 to £442m year.

What these figures cannot dicate is whether the increase cv leasing would have happen if companies had been able afford to buy lorries.

Tags


comments powered by Disqus