Frank Van Gool (Renta): ‘You can’t change course abruptly in leasing’
Frank Van Gool, CEO at Renta, the Belgian Vehicle Rental Association, warns for an abrupt change in policy. “The number of diesel cars is also due to political choices in the past, you can’t change course too hastily…”
Frank Van Gool responded to three of our questions. First we asked him about the latest evolution in Germany concerning diesel cars.
“Diesels are being severely criticized lately. But the number of diesel cars on the road is also due to political choices in the past. When you change course abruptly, you punish many people. We prefer a gradual change, conceived in collaboration with authorities.”
Will second hand cars become cheaper and leasing more expensive in Belgium?
“That’s a possible risk. But the same was said when dieselgate struck and nothing happened. Our members export the majority of their cars to Eastern Europe after contracts are finished and over there diesels are still popular. When this changes or Germany pushes all its old diesels on these markets, we will feel the effect for sure.”
Will leasing companies react by changing their car policy?
“That is already happening but very gradually. In 2017 75% of newly registered leasing cars were diesels, against 81% in 2016. So the change is there, but the evolution is not so quick as in private buyers. There still is a distinct preference for diesel because clients of leasing companies are still asking for it.”
The fact that hybrid cars only represented 2,5% in this equation and that the part of fully electric cars is practically zero shows how conservative the reactions of these leasing clients are. Maybe this will have to change if authorities will be pushing with more stringent rules on diesels.