Newly published data from the BVRLA suggests the average mileage of a car on business contract hire over a typical three-year period is down to 49,680, significantly below the long-standing industry benchmark of 60,000. It is a different story for vans, however, which have seen average mileages rise due to the sustained demand for home deliveries and mobile services. The average mileage of light commercial vehicle (LCV) contracts has risen from 68,123 miles to 73,859 miles in the past quarter. The BVRLA report also shows that the overall leasing fleet has grown 1.9% year on year, with vans up 7.7% over the same period.
The Editor’s View
