UK Leasing

The most popular mobility solution for short- and medium-term rental fleets, according to Arval



Dated:

July 01, 2021

| Author: Sean Keywood





Short- and medium-term vehicle rental is the most popular mobility solution for companies, according to a study by the leasing company Arval.




The latest results of the company’s 2021 Mobility Observatory Barometer study revealed that 62% of respondents had implemented short- or medium-term rental, or planned to implement it in the next few months. next three years.




It was ahead of other mobility options such as private lease or salary sacrifice (61%), carpooling (56%), a mobility budget (56%), public transport (56%), company carsharing (55%), and an application to book mobility solutions (52%).




Shaun Sadlier, Director of the Arval Mobility Observatory in the UK, said: “This is perhaps a surprising result – on a list of innovative mobility solutions, short and medium vehicle rentals The more traditional term seems perhaps unlikely candidates to be considered a prominent option.




“However, this remains a great solution for any flexible, short-term business travel need. This is particularly the case with mid-term rental, which is increasingly used to bridge the gap between needs. by car or van that are measured in weeks and months and those measured in years – a requirement that may increase due to the impact of the pandemic. “




Sadlier said another striking aspect of the research was the wide range of mobility solutions that were taken seriously by fleets.



He said: “Out of a list of seven possible choices, each was mentioned by 52-62% of respondents. This is clearly an area where there is considerable momentum.”

Sadlier added that it was interesting to note the differences between the planned adoption of mobility solutions and those already implemented.

He said: “Companies predict that the implementation of various mobility solutions – such as carsharing, public transport, short to medium term rental – will roughly double over the next three years.

“It’s interesting because it reveals that the pandemic appears to have limited strategic impact in the medium to long term.

“Many mobility options rely on shared transportation, which over the past year has been seen to potentially increase the risk of infection, but employers clearly don’t think this will be a problem beyond that. of a certain time. “

Sadlier also noted the differences the research found between smaller and larger fleets.

He said: “The planned adoption of mobility is much more pronounced among large companies. It’s not surprising. Mobility is an integral part of a structured approach to business transport needs and larger employers are required to lead the way.

“However, we don’t think that means small businesses will be left behind, just that the implementation of these ideas will be a bit slower among SMEs.”


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