Ignite & Scale – Final Episode of Series 2
In the final episode of Ignite & Scale Season 2, Mike sits down with Dave Timmis, founder of Leasing.com, to discuss his 25-year journey in the UK car leasing industry. From the early days of ContractHireAndLeasing.com to leading the UK’s largest car leasing comparison platform, Dave shares valuable insights into:
• The Evolution of Leasing.com: How the industry has shifted from classified ads in car magazines to a fully digital marketplace that connects millions of UK lessees with leasing providers.
• Navigating Industry Shifts: The impact of Brexit, COVID-19, supply chain shortages, and how Leasing.com stayed ahead through technology and market adaptability.
• The Growth of EV Leasing: Despite reduced subsidies, electric vehicles (EVs) now make up 26.4% of leasing enquiries—why more consumers are making the switch.
• Consumer Trends in 2024: Shorter leasing terms, rising demand for used car leasing, and why compact SUVs like the Nissan Qashqai and Hyundai Tucson dominate the market.
• What’s Next for Leasing.com: The future of car leasing, growing demand for subscription-based vehicle ownership, and why Dave believes leasing is the future of mobility.
Key Insights from the Leasing.com 2024 Insights Report
We also dig into Leasing.com’s 2024 market report, covering:
• Average monthly leasing costs have dropped from £373 in 2023 to £342 in 2024, making leasing more attractive.
• Top leased models: The Nissan Qashqai, Tesla Model Y, and Volkswagen ID.3 lead the rankings.
• Business vs. Personal Leasing: 79.5% of leases are personal (average £322/month), while business leasing remains resilient (average £420/month).
• Fuel Type Trends: Petrol leads at 49.8%, but EV adoption is growing rapidly, rising from 19.9% in Q1 to 31.1% in Q4 of 2024.
• Rise of Used Car Leasing: More drivers are opting for pre-leased vehicles, benefiting from lower costs and immediate availability.
👉 Download the full Leasing.com Insights Report 2024 for a deeper dive into these trends.
The best way to reach Dave Timmis is via LinkedIn:
🔗 https://www.linkedin.com/in/david-timmis-265468b/
Final Thoughts & What’s Next
This marks the end of Season 2 of Ignite & Scale. Thanks for tuning in! Stay connected via:
🌍 Website: www.cambriaprivatecapital.com
📢 LinkedIn: Follow for updates on Season 3!
🚗 If you’re interested in the latest leasing deals, visit Leasing.com
This episode is packed with actionable advice for founders, investors, and anyone looking to scale with intention.
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