The Romanian operational leasing market continues its upward trajectory, reaching a milestone of nearly 90,000 units. This positive trend confirms the market's historical growth pattern despite macroeconomic challenges, including high inflation and rising financing costs.
The Association of Operational Leasing Companies in Romania (ASLO), comprising nine of the sector's leading players, reports a 12% increase in vehicles financed through operational leasing services.
This growth brings the market close to the 90,000-unit threshold, demonstrating remarkable resilience amidst economic uncertainties.
ASLO's estimates, based on member data and public information on other active companies, indicate that the Romanian market has reached 89,500 units.
Notably, over 90% of these units are under "full service" agreements.
Factors Driving Growth:
The operational leasing model's attractiveness stems from its numerous benefits, including predictable costs, tax advantages, and reduced maintenance concerns for customers.
Businesses increasingly recognize operational leasing as a valuable tool for managing their fleets, optimizing expenses, and enhancing operational efficiency.
Outlook for the Future:
Despite the ongoing macroeconomic challenges, ASLO maintains a positive outlook for the Romanian operational leasing market.
The association expects the market to continue growing in the coming years, driven by factors such as: Related: https://www.meowdini.news/post/romania-redirects-unspent-rabla-plus-funds-to-boost-electric-vehicle-sales
The increasing adoption of technology and digitalization in the automotive industry
The growing demand for sustainable and eco-friendly vehicles
The preference for flexible and transparent financing solutions among businesses
Overall, the Romanian operational leasing market exhibits remarkable strength and resilience, poised for continued growth in the years to come.
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Source: Profit.ro
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