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Getting a new car is exciting but with so many models on the market deciding on what you want can be tricky. Plus, with factors such as price, availability and personal preference all coming into play, it can be common to be overwhelmed.
To find out what car leasers in the UK are looking for in their next car, new research has been undertaken by car leasing comparison site Moneyshake. They’ve analysed their enquiry data to reveal insights into the cars and manufacturers people are choosing to drive across the UK.
Nissan is the Most Popular Car Manufacturer to Lease
Looking into the last years’ worth of enquiries, Moneyshake found that Nissan was the most popular car manufacturer to lease, making up around one in eight of all enquiries during this time. This was closely followed by Volkswagen with 11.2% of all enquiries and Kia with 10.2%.
The 10 most popular car manufacturers to lease are:
- Nissan – 11.9%
- Volkswagen – 11.2%
- Kia – 10.2%
- Audi – 9.0%
- Vauxhall – 6.3%
- Hyundai – 6.1%
- Mercedes Benz – 4.9%
- BMW – 4.3%
- Toyota – 3.7%
- MG Motor UK – 3.5%
The Nissan Qashqai is the Most Popular Car to Lease
Delving deeper into the specific cars people are looking to lease, the Nissan Qashqai is the most enquired-about car, making up one in twelve of all enquires. This is followed by the Vauxhall Corsa which made up 5.5% of enquiries and the Kia Sportage with 4.4%.
The 10 most popular cars to lease are:
- Nissan Qashqai – 8.4%
- Vauxhall Corsa – 5.5%
- Kia Sportage – 4.4%
- Hyundai Tucson – 2.6%
- Volkswagen T-Cross – 2.3%
- Audi A1 – 2.3%
- Kia Niro – 2.2%
- Fiat 500 – 2.1%
- Volkswagen Polo – 2.1%
- Tesla Model Y – 2%
Eben Lovatt, CEO of the car leasing comparison site Moneyshake comments that “it’s no surprise to see that the Nissan Qashqai is the most enquired-about car as it represents great value for money in the popular SUV section of the market. There’s a range of engines available, meaning there’s always a Qashqai to meet anyone’s needs. On top of that, they’re well equipped and the more recent design improvements add to their desirability.”
MG Motor UK, Fiat and Kia Have Seen a Surge in Popularity
Looking into the year-on-year changes in enquiries, it was revealed that the manufacturer MG Motor UK has seen a huge surge in popularity, with a 516% increase in the number of enquiries about their cars. Fiat has also seen a big uplift year-on-year with a 211% increase in the number of enquiries and Kia saw a 129% increase.
On the surge in popularity of these manufacturers, Eben explains that “MG Motor UK, Fiat, and Kia are all manufacturers whose cars offer great value for money. The Fiat 500 has long been Fiat’s flagship model and it continues to be popular, available at prices in the £150 range.
“MG has brought some really strong electric vehicles to the market and is pushing range boundaries with the MG4. Kia has definitely upped their game in recent years too, with modernised designs and improved in-car technology to go with their market-leading warranties.”
Volvo, Land Rover and Jaguar Have Seen a Decline in Popularity
On the other end of the scale, Volvo saw a large 78% decrease in the number of enquiries about their cars. Land Rover also saw a dip in popularity with a 75% decrease in the number of enquiries and Jaguar saw a 73% decrease.
SUVs are the Most Popular Body Type to Lease
The type of car is also another factor to think about when choosing your next car. Looking into the last years’ worth of enquiries, SUVs are the most popular body type of car to lease, making up 45% of all enquires.
Looking into the year-on-year changes in enquiries, 4x4s have seen a big surge in popularity in the last year, almost doubling with a 96% increase in the number of enquiries. On the hand, convertibles have seen a big fall with a 66% decrease in enquiries.
I think that leasing could be the next big thing. It seems a good alternative to a PCP or HP and could be a cheaper option too.