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Nationwide Vehicle Contracts stays top of LBF Top30 broker league

Nationwide Vehicle Contracts was the top leasing broker in the LBF Top30 broker league; Central UK Vehicle Leasing and Hippo Motor Group sector winners
LBF Top30 winner Nationwide Vehicle Contracts
LBF Top30 winner Nationwide Vehicle Contracts

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October 5, 2018

  • 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

LBF T30 logoNATIONWIDE 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.”

Central UK Leasing LBF Top30
Scott Thomas of Central UK Vehicle Leasing receives the LBF Top30 certificate for the 5001-1000 category from Chair of the Judges Robert Wastell (left) and award sponsor David Friend

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
2 Fleet Alliance 28,959 26,930
3 Select Car Leasing 19,000 11,015
4 Vansdirect 12,566 9839
5001-10,000 fleet
5 Central UK Vehicle Leasing 9497 7975
6 Wessex Fleet 5827 4629
7 Gateway2Lease 5174 4890
8 Synergy Automotive 5163 3975
0-5000 fleet
9 Hippo Motor Group 4200 3000
10 Keyfleet 3959 2738
11 Complete Vehicle Management 3767 3112
12 UK Carline 3396 3000
13 Jet Vehicle Finance 3125 2422
14 OVL Group 2950 2760
15 GB Vehicle Leasing 2051 1574
16 Academy Leasing 1911 1850
17 Autohorn Fleet Services 1800 1500
18 Carlease UK 1800 1700
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.

 

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