Rental market helps boost pedestrian car sales

The new BMW i5 electric, demand for new EV options remains strong. (Image: BMW)

Tue, 05 Dec 2023

Car rental firms bought almost a third of the 14,519 new vehicles sold during November, the highest number of rental registrations for any month in four years.The Motor Industry Association counted 4,466 rentals amongst its overall sales figures, which it said was a "welcome boost" in a market which was awaiting the removal of the prior government's clean car discount scheme.The National-led coalition government has said it will repeal the 'feebate' scheme by the end of the month.The scheme incentivises purchases of electr...

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