Economic Factor Leasing

* 7.6 Billion In Leasing New Business In 2018 (+ 11.1 Percent)

* 238.000 newly concluded contracts (+ 5.9 percent)

* Real estate leases (+ 22.6 per cent) and equipment Leasing (+ 20.6 percent) as key growth drivers

The Austrian leasing industry achieved in the year 2018 a renewed above-average growth. The volume of new business increased in comparison to the previous record year 2017 11.1 percent to 7.6 billion euros. A significant contribution to this result, especially the fast-growing real estate leases (+ 22.6 percent), as well as the division’s equipment Leasing (+ 20.6 percent). With a share of 72.3 per cent, the division motor vehicle Leasing remains the strongest revenue-generating segment of the Leasing new business in 2018. Dr. Alexander Nekolar, President of the Association of Austrian Leasing companies (COMPLETELY): „The positive economic of the domestic and international markets played a significant role in the re-growth of the leasing industry.“

Car Leasing in 2018 still on course for Success

Despite a decline in the value of car new car registrations, up 2.1 percent, recorded in the vehicle leasing market to 2018, Top-quality results. The domestic motor vehicle Leasing grew again by EUR 5.1 billion to EUR 5.5 billion, which represents an increase of 7.8 percent. This is accompanied by only the leasing ratio (the share of leasing-financed cars in new registrations) increased to 40.3 percent, but the number of new contracts on more than 216.000 PCs (+ 5.5 percent). More than four leased vehicles of ten power, thus, the leasing industry is an increasingly important engine for the automotive sector.

Fleet management is fully in the Trend

After already in the year 2017 in the fleet management industry to a record total backlog at the Full-Service leasing agreements could be achieved, has been improved this brand last year and grew by 8.8 percent to 101.178 contracts. A mini drop of paint to 0.4 percent, by contrast, experienced the volume of new business, which fell in 2018 following a strong year-on-year to 864 million euros. This decline in the whole of Austria is due to Park-leasing market drove the introduction of the WLTP Standards and the associated lack of availability of key fleet models. However, fleet management is a company still in the Trend. Thus, the financed volume increased by 7.4 percent to EUR 1.9 billion.

Strong growth of 20.6 percent in equipment Leasing

The equipment Leasing developed in the year 2018 is particularly pleasing. A total of 21.909 contracts (+ 9.9 percent) were completed with a Neuvolumen of 1.7 billion euros. As a result, the average contract amount increased by 9.8 percent to 76.924 Euro (2016: 70.047 Euro). 41.1 percent of the Mobilien-Leasing-new Business in 2018 is attributable to the financing of equipment and machinery, 18 percent on ships, aircraft and Railways, and 11.5 percent in Computer and office equipment, as well as the Rest on the Other.

Real estate Leasing is on the upswing

In the sector of real estate lease succeeded in the domestic lease-to reach out to businesses in 2018, a new strong increase in the amount of 22.6 percent and to achieve a new business volume of EUR 422 million.
Similarly, the average contract amount increased by 17.9 percent to approximately 5.3 million euros.

The way of the future

„Leasing is more than a pure financing. More and more entrepreneurs are relying on the numerous additional services to the automotive and equipment Leasing. As a result, the entrepreneurs gain more freedom for your core business and keep their resources up-to-date development,“ Dr. Nekolar to the point.

Tax reform

„It would be very important in the context of tax reform-to emphasize negotiations, finally the contract of lease fee for leases. This measure would private people and businesses tax relief as well as a fair basis for decision-making in financial planning,“ VOIL-President Dr. Nekolar.

Association of Austrian Leasing companies
Mag. (FH) Wolfgang Steinmann, General Secretaryär
Tel.: (01) 714 29 40
E-Mail: w.steinmann@leasingverband.at