Leasing.com has announced the launch of a new sub-brand, re.Leasing.com, created in collaboration with Lex Autolease, one of the UK’s top used electric vehicle funders, according to a company press release.
The new service is positioned as “the first-ever used car leasing comparison site”, and uses technology from loveelectric. It connects drivers with re-leased EVs via a network of broker partners, including Leasing Options, Gateway2Lease, FleetPrices, OVL Group, Planet Leasing and Electric Car Lease.
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Initially, re.Leasing.com will focus on ex-lease EVs available on personal and business contract hire. However, the company says it plans to expand the offering to include other vehicle types in the near future.
In its strapline, the platform describes itself as “The comparison site for pre-loved lease cars. Ready to be loved again.” The service aims to appeal to drivers looking for more affordable and sustainable vehicle options.
The platform offers more than just flexibility, the release notes, it also seeks to “address a crucial gap in the market” by making electric vehicles more accessible to a broader audience.
Mike Fazal, CEO of Leasing.com, said the company is continuing its legacy of innovation in the leasing space. “We invented car leasing comparison in the UK,” he noted. “Now we’re proud to be helping accelerate the used car leasing market.”
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By GlobalDataHe added that Leasing.com expects the used car leasing sector to experience significant growth: “We expect the used car leasing market to become huge over the next few years, and we will be in the driver’s seat.”
