THERE has been a rise in daily rental requirements which epyx says is due to fleet confusion over the impact of WLTP.
Epyx said its 1link Hire Network platform had been increasing volume recently, with WLTP the key driver. Year on year epyx had seen a 17% increase in bookings.
Tim Meadows, Commercial Director said:
“Fleets are waiting for the Government to make the future tax situation around WLTP clearer and for many manufacturers to release their stats.
“All of this is making operators wary about the cars that they are buying and, where possible, quite a number are choosing to put off the decision until they have more information.
“Some are extending contracts that are ending, as many leasing companies have reported, but others are using daily rental, which allows them to defer acquiring a new car in a very flexible manner.
“We have seen an increase in the number of cars that are being booked on an ongoing basis and WLTP appears to be the cause of this, both anecdotally from our conversations with customers and from examining the patterns of the bookings.
“The platform provides an excellent means for fleets to book the most cost-effective solution in these circumstances and we expect the trend to continue until the WLTP situation is resolved.”
