The Audi A3 model has topped the list for most leasing enquiries in January, according to the latest data from Leasing.com.
The Volkswagen Golf and the Vauxhall Corsa took second and third place on the list, with data revealing a surprising downturn in enquiries on Mercedes Benz models.
The Mercedes Benz A-Class has been the most popular car to lease for the past two years, but its popularity has fallen across the pandemic, as consumers turn to more affordable hatchbacks.
Explaining the changing consumer trends, Paul Harrison, head of strategic partnerships at Leasing.com, saidd: “The coronavirus pandemic has changed so many things about the way we live our lives including the products and services we consume.
“Although many consumers still need access to their own transport, their choices are changing. They’re’ driving fewer miles, and often opting for less premium vehicles to help manage their finances.
Car showrooms continue to be closed to the public as part of national lockdown restrictions, forcing consumers to shop around and compare prices online.
Harrison continued: “Monthly prices for the Vauxhall Corsa start at around £120 per month on a 5,000 annual mileage deal. For many that’s less than the price of a monthly train ticket for keyworkers who still need to get to work.”
Similarly, Audi topped the manufacturer league table, with Mercedes-Benz slipping to fourth place behind Volkswagen, Land Rover and BMW.
Despite growing popularity of electric vehicles, none of the top personal leasing enquiries for January 2021 on Leasing.com were for electric models.
According to data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery electric vehicles (BEVs) saw a year-on-year increase of 54.4%, taking a 6.9% share of the market. The number of available EV models almost doubled from 22 in January 2020 to 40 this year.
Meanwhile, both new petrol and diesel vehicles saw a decline in sales, falling by 62.1% and 50.6% respectively.