British Vehicle Rental and Leasing Association

This is the InsideTrack podcast by the BVRLA.

Join us as we speak to high profile guests from across rental, leasing and fleet as they discuss their careers, react to the latest news and look at what may be coming in the future.

So thank you very much, everyone, for joining us for our sort of post-budget webinar.

But take a moment to take this on board.

We are always here for direct communications from members.

You should know our emails, Thomas at and Zora at BVRLA.

So drop us a line, have a meeting, have a call with us.

If you've got specific company concerns, this is not the forum for that.

That protection mattered during the EV price crash.

In April 2025, the British Vehicle Rental and Leasing Association said used battery electric residual values had fallen 15%.

50% over two years.

Cars came back worth much less than the funders had expected.

They get worried about the resale value.

Is there enough of a market for secondhand EVs, and are they as reliable as normal petrol and diesel cars? Well, the British Vehicle Rental and Leasing Association, very big, uh, acronym there, BVRLA, I call it BVRLA, has done a study on that.

And I'm delighted to say a fellow journalist, an ex-Beebber like me, but now he's a proper person that's done something great, Toby, uh, is the, the CEO.

Sir Toby Poston, thank you very much.

So think, right, I've got to get retail back, look at the values, buy at the right price.

merchandise it well and get it seen and then the last thing I'd talk about is franchise retailers really and the year-end close and come back to Graham you've probably had a conversation I'm sure with a couple of manufacturers in the middle of September on similar things I was at the BVRLA's leasing broker conference yesterday talking about this you know that that drive in the middle of the month and the closeout and i think that's the thing for franchise retailers what i'd say to franchise retailers there is the manufacturers will come knocking again at the back end of the year with targets and zed mandate targets and that kind of thing data's available to look at the 30 to 60 day projection for a car's value the brand will come with some an offer But look at the data to see what that car is going to be worth in the retail market in 60 days time and use that data to negotiate with the brand because they are going to keep coming back to push and you need to know, you know, ask them for more if you need more.

So those are the three things, fuel prices and what's going on with supply and how fast that turns.

Retail pricing, what's going on with that and pay real attention to it.

For fleet managers, leasing companies, and automotive remarketing businesses, the findings could prompt a reassessment of how mileage influences maintenance planning, residual values, and long-term vehicle economics.

Commissioned by the British Vehicle Rental and Leasing Association, BVRLA, and conducted by independent transport research organization New Automotive, the study analyzed 47.4 million MOT inspection records from Britain's official vehicle testing database.

Researchers found that battery electric vehicles, BEVs, generally outperform comparable petrol vehicles in mandatory roadworthiness inspections as mileage increases.

However, the findings also identify distinct maintenance requirements for EVs and highlight a critical limitation.