Published on August 29, 2023

Long Term Rental, +21.3% in the first 6 months of 2023

Long-term renting of cars and SUVs is increasingly liked and is becoming, in Italy, a valid solution to be able to have a vehicle that is always efficient. According to the latest ‘NLT Users Observatory’ by UNRAE, carried out in collaboration with the Ministry of Infrastructure and Transport, 2023 continues to record surprising numbers.

The research data

363,542 contracts were signed in the six months, up 21.3 % compared to the first half of 2022. The Private user channel recorded 48,491 contracts (13.3% share), up slightly from 45,866 in 2022 (+5.7%). More substantial was the growth in contracts signed by Companies, which amounted to 315,051 (86.7 % of the total) and increased by 24.1 % from 253,865 in 2022. Among the various users, non-automotive Companies did very well, recording 262,403 contracts (+24.3%) and increasing their share to 72.2% of the total.

Lombardy is still in first place in the use of long-term rental with 32.4 % of contracts in the six months.

The choice of rental is linked to the advantages that this formula guarantees: a certain monthly expense, no worries about maintenance and bureaucracy, protection against depreciation and a car that is always fresh, but above all, safe.

Viasat (now part of Targa Telematics), which has long been committed to providing companies with technological and customized solutions to support them on their path to growth and an increasingly competitive proposition, knows this well. Viasat’s offering allows the Fleet Manager to keep track of the data detected by onboard devices, monitoring those factors that can affect operational efficiency, savings, safety and a greater awareness of drivers with respect to their behaviour behind the wheel, increasing their satisfaction. And, by accompanying companies in the industry in the ecological transition, it also facilitates the adoption of new forms of mobility that are emerging strongly in the market today.

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