Shift From Car Ownership To Usership Transforms European Non-public Automobile Leasing Market
London – March 2, 2017 – A dynamic shift from car possession to usership has set the stage for double-digit, yr-on-year growth within the European personal car leasing market. If the buyer is buying a vehicle that is in a distinct registration class from their previous automotive (i.e. they sold their car and they’re now shopping for a truck for their gardening business) then the customer might want to get new licence plates or a special sticker to put on their licence plates after they’re transferring registration and insurance coverage from one vehicle to the opposite.
The Invoice of Sale (or one other document containing the exact same info) must be presented by the buyer to register the car under their name, together with legitimate insurance coverage for the brand new automobile, proof of residency, and the old registration signed by the seller.
Except car-pooling and automobile-sharing, the measures described right here will solely be efficient in lowering non-public automobile use if other technique of transport – specifically, public transit and walking and cycling services – are available when and where folks want them, or if data and communication expertise (ICT) can be used in place of journey.
One very profitable behaviour change program, TravelSmart, has constantly achieved reductions in automobile journeys of 10% or extra.5 TravelSmart and different behaviour change packages are described in additional detail within the expertise descrition ‘Influencing journey choices’ with data on ranges of reduction of private in the vehicle use in several regions of the globe.