Independent leasing companies account for one third of the market
Independent leasing companies' turnover slid by 30-40% last year, above the market average, amid the companies' dependence on a certain car brand or tighter access to cheap funding.
The leading position in the biggest independent leasing companies' ranking is held by Austria's Porsche Leasing, which in 2010 funded cars worth 89.5m euros, down 26% year-on-year. The company ranks third on the entire market, after UniCredit Leasing and BRD Sogelease.
As a matter of fact, four of the top ten companies on the leasing market are independent or controlled by car dealers and hold together a 20% market share. The number of top companies affiliated to banks is higher as they benefit from the brand power of a major bank and its sales force.
In the independent companies' ranking, Porsche Leasing is followed by Afin Leasing, Impuls Leasing and RCI Leasing.