2018 saw the BVRLA fleet rise to over five million for the first time, up 4% on 2017.
The latest data from the BVRLA shows that membership has increased in the rental, leasing & fleet management, commercial vehicle, broker and associate categories.
The association recruited 140 new members throughout 2018 and saw a net gain of 53 members across all sectors, a 6% year-on-year increase.
Cars continue to be the most dominant vehicle type on fleet, now at over four million. The number of vans and trucks on fleet continues to grow, with both the LCV and HGV fleet sizes increasing significantly, up 4% and 10% respectively.
In line with the increase in the number of rental members, the BVRLA rental sector grew by over 4,000 units, with most growth in the number of rental cars and LCVs.
Personal contracts saw the highest level of growth at 14%, accounting for nearly 1.9 million vehicles. The number of personal contracts taken out on LCVs grew, increasing by over 10,000 vehicles – that’s 25% year-on-year. However, the 11% fall in the number of fleet-managed LCVs limited the total growth of the LCV fleet.
The number of business contract hire vehicles increased by 5% year-on-year, but all other areas of corporate leasing fell, with the fleet size down 1% on 2017.
