The number of leased cars increased by 45% – Association of Lessors of Ukraine

Members of the Association registered 15.4% of cars, and 8.8% of LCV, purchased in Ukraine in (within) 8 months of 2021

Members of organized leasing market registered 13 085 vehicles within first 8 months of 2021. 71% of them are new vehicles and 29% are used vehicles. These figures indicate that leasing continues to exceed last year’s figures by 45%.

The volume of registrations decreased slightly in August compared to previous months, reaching a value of 1513 units.

The top three leaders in both  segments of new and used vehicles remained unchanged according to the results of the 8 month period. The top three companies in the segment new vehicles are: OTP Leasing (45% of all registrations), ULF Finance (17%), and Alfa Leasing (10%). The top three companies in the segment of used vehickes are: Autocredit Plus (53%), ULF Finance (24%) and Aventus Leasing (14%).

Cars traditionally remained the most popular among leasing assets with a share of 78% of all registrations of vehicles for the period. The share of cars has not changed compared to the same period of the previous year.

Renault have held their position as the most popular cars registered for  leasing purposes. The share of this brand increased to 19%. The top five most popular brands also include: Toyota (11%), Skoda (10%) and Peugeot (9%). The list of brand-leaders has not changed significantly.

The segment structure of other vehicles also remained unchanged. Outside of the cars segment, about 9% of registrations was for cargo trucks and another 5% for light commercial vehicles. All other segments had a share of 3% or less. The Association estimates, that its members occupy about 80% of the entire market of leasing services. Therefore, the level of leasing penetration in the above segments of vehicles is even higher than those that were calculated by the Association