Small cars make big impact on contract hire market

Thursday, August 21, 2014 - 11:30
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The Mercedes C-Class is top of the pile

The Mercedes C-Class, Volkswagen Golf and Audi A3 are the only cars to have retained their position in the top ten contract hire market compared to a decade ago, new research shows.

Data released by ContractHireAndLeasing.com shows a radical shift in the last ten years showing smaller vehicles overtaking larger vehicles and more traditional executive models as the most popular contract hire cars.

The 2004 list of the most searched-for business and personal leasing cars featured two Saab models, the Land Rover Discovery, BMW 5 Series, BMW X5, BMW X3 and Audi A4.

The collapse of Saab has naturally seen the 9-3 vanish from the 2014 list, but there is also a notable shift to more compact, fuel efficient models.

The Ford Fiesta – Britain’s top-selling car over the last few years and a clear favourite with car buyers – is also now one of the UK’s top contract hire cars too. Data from the website searches suggests that the entry of models like the Ford Fiesta and Nissan Qashqai into the top searches has been driven by personal leasing customers.

German brands have had a tiny hiccup in the last decade; they now claim seven of the ten top search places, compared to eight in 2004.

Dave Timmis, Managing Director of ContractHireAndLeasing.com, said: “We seen a shift in the size of the typical car searched for on the website over the last ten years, as consumers look for vehicles which are tax and fuel efficient.
“New entries such as like the Nissan Qashqai and Ford Fiesta suggests that leasing customers are increasingly looking for vehicles which than are practical and cheaper to run,” he adds.

Here’s how 2014’s top ten most popular contract hire cars compares to 2004’s list, according to ContractHireAndLeasing.com website searches:

Place First half of 2014 2004
1 Mercedes-Benz C-Class Volkswagen Golf
2 Mercedes-Benz E-Class BMW X3
3 Volkswagen Golf Audi A4
4 Mercedes-Benz A-Class Saab 9-3
5 BMW 3 Series Audi A3
6 BMW 1 Series BMW 5-Series
7 Audi A3 BMW X5
8 Range Rover Evoque Mercedes C-Class
9 Nissan Qashqai Land Rover Discovery
10 Ford Fiesta Saab 9-3 Convertible

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