Vantage Leasing, the personal and business contract hire company, saw a 700% increase in demand at its business for plug-in vehicles last year.
Premium brand models made up the majority of the new plug-in vehicle contracts.
The Range Rover Sport PHEV was the most popular option, accounting for 60% of all plug-in hybrid models. Even more surprisingly, it was also the most popular version of the car, making up 59% of all Range Rover Sport lease contracts in 2019.
BMW X5 xDrive45e PHEV (Image: BMW)
The data points to a huge surge in plug-in vehicle interest and Vantage Leasing has now launched an ‘EV Chooser’ tool that compares key metrics for EVs – including range, price and efficiency.
Vantage Leasing has also created its own EV ranking based on how vehicles fair across those criteria, with the Skoda CITIGOe IV coming out on top.
BMW Group’s plug-in models performed particularly well. The second-most popular PHEV was the BMW 5 Series, closely followed by the BMW 3 Series and MINI Countryman. Plug-in derivatives accounted for 30% of 3 Series lease contracts and 67% of Countryman contracts.
Other strong performers included the Volvo XC90, with double the number of Twin Engine plug-in hybrid models leased in 2019 compared with 2018.
Read more: AM Online
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