Will proposed changes to public travel costs affect leasing tariffs for Ford vehicles?

A press release discussing the recent possibility that there could be an increase in public transport costs and the ways that this could impact upon leasing companies of a medium size.

Stoke on Trent, United Kingdom (prHWY.com) December 12, 2010 - New statistics and surveys have found that there is a distinct possibility in the coming months that an increase in public transport costs meaning that more UK drivers will be exchanging their car for a newer model.

These changes will be particularly important to leasing companies and could cause a shift in the number of sales within the sector. As a result, it is something that needs to be closely observed by leasing companies in order to maintain their prices at an appropriate price to appeal to the public.

UK company expert Tony Fells said, "The very fact that there has been an increase in public transport costs could be a vital change for medium sized leasing companies. A change to public transport costs could be the sort of thing which affects customer's spending habits and will therefore help to make or break the less established leasing firms."

Even though reports are somewhat vague and unsubstantiated at present, it is still good to look at how a major alteration could affect the car leasing industry in addition to the motoring firms associated with all types of leasing. This is because by looking for possible changes, those inside the sector can be in a better position to carry out changes to accommodate their UK customers as they face the change to public transport costs.

If said changes do happen then it is thought that the regular consumer's spending and driving habits could be significantly altered. This is because drivers, particularly inexperienced drivers, are heavily influenced by things like public transport costs, this means that if any change is noticed then it could be rather dramatic for people who look to make money out of selling or leasing motor vehicles.

David Simms, from the magazine Vehicle Values, said "These movements could very much affect the leasing and sales numbers of specific companies and models. As an example, the statistics and numbers for the production of Ford models may show an increase within the next few months, which you could sort out a particular price that smaller businesses are offering for these vehicles."

If it was that an increase in public transport costs did happen then abnormal sales numbers will inevitable result in alterations for the price of Ford motors and also the amount of deals that various companies are offering. This could be something that considerably affects customer habits and in turn help these companies to hit sales targets and leasing goals.

One employee from CentralContracts.com commented, "Even though there are changes to public transport costs we set our prices and offers at regular intervals hence they won't change very much during the coming days and months. For example, we have a diverse range of Ford vehicles on offer and in fact Ford leasing agreements should be as popular and exciting as always."

Even if this is the case for CentralContracts.com it might be an unachievable goal for many of the smaller leasing companies as they may be more at the mercy of social change and consumer habits. For those small scale family leasing companies and car showrooms we may see an increase in car prices as they try to make the most of the situation by sustaining the standing of their company.

As of yet, these changes have not been implemented however it is thought that leasing prices may change as of February. Nevertheless some companies have already shifted the price of various models in response to the proposed changes to public transport costs. All of this means that you should shop around before committing to any specific leasing deal as the proposed changes may make prices fluctuate until February, when more is known about the proposed changes to public transport costs.

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Tag Words: van leasing, contract hire, vehicle leasing, car leasing

Categories: Automotive

Press Release Contact
Central Contracts (S.o.T.) Limited Central House,
Bellringer Road,
Stoke on Trent,
Staffordshire.
ST4 8GB
Phone : 0844 745 1818

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