Central Contracts strengthens partnerships with Kia, Toyota, and Stellantis, leading to record growth.
From Yahoo Finance: 2025-07-03 12:30:00
Central Contracts, operating as LeaseCar.uk, has strengthened partnerships with major motor manufacturers like Kia, Toyota, and Stellantis. This collaboration has led to better vehicle stock, pricing, and shorter lead times. 75% of their volume in the past year came from manufacturer agreements, contributing to a record year and a 45% customer renewal rate.
Gareth Roberts, strategy director at Central Contracts, credits the improved customer proposition to closer manufacturer engagement. The company has seen growth despite an overall leasing broker fleet decline, especially in personal contract hire due to consumer affordability from recent interest rate cuts. They aim to offer more competitive leasing options.
Central Contracts anticipates future growth with OEM partnerships playing a vital role in customer acquisition and retention. The company’s strategy of building stronger relationships with manufacturers has resulted in enhanced vehicle availability and pricing, supporting their commitment to delivering value to consumers.
Read more at Yahoo Finance: Central Contracts strengthens OEM partnerships