Vehicle leasing prices have changed significantly. Many fleet managers wonder these days whether to review their car policy in order to align it with the current market, or perhaps wait a little longer until markets stabilize. Revising the car policy often feels inevitable. But, what is the actual cause why the car policy budgets do not fit with the market value anymore? In many EU countries, multiple causes can be pointed out, such as amongst others, higher investment value or inflation.

We may carefully presume that the stability of pricing will not go back to where they were, any time soon. As EV is slowly entering also in the CEE markets, it is still trying to find its balance. How does that impact lease rates, and why? Fleet owners want to be able to anticipate, foresee and make a short and long term fleet strategy. Business Lease really helps her customers to do that, by simply providing the facts.

Price indexation

To make the complexity of price developments more tangible, in 2022 Business Lease has developed a lease price index, called the "Car Policy Index". It monitors the behavior of your Car Policy categories. And with categories we mean the job levels and the corresponding lease price that the employee is eligible to have.

‍

In this index you as a Fleet Manager can see the TCO developments since your car policy has last been updated. That’s right. The Car Policy Index enables companies to adjust their Car Policy categories based on actual facts from the market. This makes it so much easier to present a change within the organization. Business Lease has helped many of its customers by providing true facts and therefor realistic solutions, that have a 100% success rate.

All developments at a glance

The Car Policy Index is in fact a dashboard with graphs which simply can be filtered by year or brand, giving insight in the development of the monthly lease rate since your car policy was last revised. Besides that, it also displays the development of list prices, interest rates, cost of maintenance and dealer discounts – all per car policy category.

Business Lease launched the Car Policy Index in 2022 and has successfully deployed it in all countries; Poland, Czech Republic, Slovakia, Hungary and Romania. Feel free to contact our team and find out how we can help you to optimize your car policy.

Or simply download the leaflet here.

‍