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Dealers see surge in demand for low mileage lease deals

Original article by John Kirwan for MotorTrader.com >

Dealers are seeing a surge in demand for low mileage car leasing deals as a result of the lockdown.

Leasing.com, the platform that provides leasing deals from franchised motor dealerships, independent brokers, motor manufacturers and leasing companies, said it has seen a 40% increase in demand for sub-5,000 mile contracts.

Changes in lifestyle, commutes and working patterns post-lockdown have meant that those who want a new car are choosing leasing deals with fewer contracted miles. 8k mileage enquiries are also up 14% while 10k deals are down 25% and deals of 12k miles or more are down 18.7%.

The Mercedes-Benz A-Class continues to be the most popular car to lease this year, but fellow German manufacturer Audi received more enquiries than any other brand in June, with the A4 and A3 proving popular. This is the first time that Mercedes-Benz has not topped the Leasing.com manufacturer league table in years. Read original article >

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