WHAT can we expect to see in 2015? What are the trends?
Well, key for me is the major mind set change regarding mobility and the move from paying to own to a pay as you go society.
we’ll see is a continuing growth and confidence in the market helped by new funders arriving in the broker and leasing sector
It’s a complete culture change. The young are less likely to own and much more likely to lease. And that is significant for our industry.
Other trends I think we’ll see is a continuing growth and confidence in the market helped by new funders arriving in the broker and leasing sector. So I can see the feelgood factor of 2014 carrying forward to 2015.
The only cloud on the horizon is the General Election on 7 May 2015. The result is likely to be close and will probably result in another coalition. The result could well be a period of political and economic instability.
Jay Parmar was speaking at the Lex Autolease broker conference in Liverpool, 5 February 2015
