LeasePlan has reported a 9.7% rise in net profit to €467 million (£413m) and declared it wants to lead the trend from car ownership to usership, to subscription, in both the new and used car markets.
Billed as 'any car, anytime, anywhere', to help it achieve the strategic vision it has also launched CarNext.com, which it is hoping will disrupt both the B2C and B2B digital marketplace by enabling customers to buy, lease and subscribe to used cars in Europe.
Fleet News revealed how LeasePlan was aiming to start remarketing its ex-lease cars directly to consumers through a new ‘clicks and bricks’ offering that mixes online services and physical experience centers, last year.
The move puts LeasePlan in a similar space to the dealer or manufacturer-owned leasing companies like Arnold Clark Finance and Volkswagen Financial Services that have the ability to sell used fleet cars through their dealer networks.
LeasePlan’s CEO Tex Gunning, said: "I am delighted to announce yet another excellent set of results for LeasePlan in 2017.
“We have more cars on the road than ever before, and at the same time, our underlying net result and return on equity continued to increase significantly.”
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