LBF comment on June 2025 SMMT pre-registration figures

LBF comment on June 2025 SMMT pre-registration figures

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Ryan Fowler, acting CEO of the Leasing Broker Federation, said:

“The scale of pre-registration activity in June, particularly from Volvo and Seat, reflects the continued role of tactical volume strategies in a market that remains under pressure. While brokers are not directly involved in pre-registration decisions, the downstream impact on residuals, supply consistency and customer expectations is real.

What the broker sector needs is transparency. The regular publication of these figures helps provide some of that, but there’s still little clarity on how these units reach the market, how pricing is managed, or what conditions apply to retailers and end users.

We believe that greater alignment between manufacturers, funders and the broker channel is essential to prevent distortion and support long-term value for business users and consumers alike.”