- Nationwide Vehicle Contracts stays at number one by fleet size
- New LBF Top30 categories introduced for 1-5000 fleet size and 5001-10,000 fleet size
- Hippo Motor Group and Central UK Vehicle Leasing win categories
NATIONWIDE Vehicle Contracts remains the number one leasing broker in the LBF Top30 broker league.
The Manchester-based broker has grown its fleet size year-on-year from 37,525 vehicles to 45,362 vehicles.
Nationwide’s achievement was recognised at the Leasing Broker Awards held at the National Motorcycle Museum on October 02, 2018 and organised by the Leasing Broker Federation.
For the first time in the LBF Top30, the league was divided into three different size categories, with Nationwide winning the largest category sponsored by APD Global Research.
Blackburn-based Hippo Motor Group finished top of the up to 5000 category with a 4200 managed fleet (up from 3000 the year previously); and Central UK Vehicle Leasing finished top of the 5001-10,000 category with a fleet managed size of 9497, up from 7975 year-on-year (both awards sponsored by Profitable Sites).
The performance underpins the growing influence of FCA regulated leasing brokers in providing cars and vans both for businesses and private individuals.
The UK’s largest leasing company, Lex Autolease, recently revealed that its broker introducer channel had exceeded 100,000 vehicles as the sector continues to take more of the company’s sales mix by channel.
“We started the LBF Top30 last year to track the growth of leasing brokers as they become an increasingly central part of consumer and business automotive acquisition,” commented Ralph Morton, Editorial Director, Leasing Broker News.
“That fact is borne out by the positive figures generated year on year by the leasing brokers in our LBF Top30 league.
“It’s interesting to note that Nationwide Vehicle Contracts would be listed at number 11 in the authoritative FN50 leasing company rankings to provide some sort of scale to their success.
“It’s also worth noting where the potential future stars are coming from with the rapid growth of companies such as Select Car Leasing, Vansdirect, Synergy Automotive, and lower down the scale Kew Vehicle Leasing and Lakeland Fleet Management.”
LBF Top30 2018 leasing broker league results
|Position||Company Name||Fleet size under management 2017 (Jan-Dec)||Fleet size under management 2016 (Jan-Dec)|
|10,000 plus fleet|
|1||Nationwide Vehicle Contracts||45,362||37,523|
|3||Select Car Leasing||19,000||11,015|
|5||Central UK Vehicle Leasing||9497||7975|
|9||Hippo Motor Group||4200||3000|
|11||Complete Vehicle Management||3767||3112|
|13||Jet Vehicle Finance||3125||2422|
|15||GB Vehicle Leasing||2051||1574|
|17||Autohorn Fleet Services||1800||1500|
|19||Concept Vehicle Leasing||890||846|
|20||Alpha Contracts Leasing||859||1058|
|21||Kew Vehicle Leasing||678||90|
|22||Lakeland Fleet Management||59||0|
The LBF Top30 is open to members of the Leasing Broker Federation, with more than 130 members. Entrants self-certify the number of vehicle contracts on fleet. There were 21 brokers who entered this year’s LBF Top30.