Central Contracts, the independent leasing broker trading as LeaseCar.uk, has announced a series of strengthened partnerships with major motor manufacturers, resulting in improved offers for its customers.
Through closer collaboration with OEMs such as Kia, Toyota, and Stellantis, the company has gained access to enhanced vehicle stock, better pricing, and shorter lead times on high-demand models.
According to the business, 75% of its volume over the past 12 months has come through direct manufacturer agreements, contributing to what it describes as a record year. The company has also maintained an average customer renewal rate of 45%, which it attributes to improved communication and service levels.
Gareth Roberts, strategy director at Central Contracts, said the improved customer proposition is the result of a long-term strategy to engage more closely with manufacturers. “We are now in a position to offer more competitive leasing options by building stronger OEM relationships and delivering on expectations,” he said.
The company also points to broader market conditions as contributing factors. While the BVRLA reports a slight decline in the overall leasing broker fleet, Central Contracts has seen continued growth, particularly in the personal contract hire (PCH) segment. The recent interest rate cut has further supported consumer affordability.
“At a time when many consumers are managing tighter budgets, the lower interest rate environment enables us to offer more value,” Roberts added.
Central Contracts says it expects its OEM partnerships to play a key role in future growth, supporting both customer acquisition and retention through improved vehicle availability and pricing.
“Central Contracts strengthens OEM partnerships” was originally created and published by Motor Finance Online, a GlobalData owned brand.
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