Fernando de Querol Cumbrera
Research expert covering construction, loans, leasing, savings, and debt
Car financing and leasing in the Netherlands - statistics and facts
A growing number of drivers in the Netherlands divert from the classic form of vehicle ownership to a tailor-made mobility solution that fulfills their individual needs: leasing. Business and private leases offer more flexibility, as drivers do not have to worry about reselling if they want to change vehicles at the end of the contract. Nevertheless, more traditional methods of car financing, such as car loans are still very popular. In the first half of 2024, the value of new consumer credit, which includes car loans, amounted to 462 million euros.
Regardless of what type of car they preferred, private leasing, business leasing, and car loans allow Dutch drivers to get a car that fits their needs and their budget.
Financing electric vehicles
Within the automotive landscape, the Netherlands stands out along with several Nordic countries as one of the countries with the highest share EVs in Europe. There are several factors that promote higher ownership rates of electric vehicles, such as the carbon emission-based vehicle tax system applied in the Dutch country. However, car financing plays an important role toward reaching those high EV ownership shares, given that, in 2022, the average price of EVs was higher than that of petrol ones. Car loans and leasing are the two main options to make those cars more affordable through smaller monthly payments.Dutch business lease drivers prefer Tesla
Distinctive patterns can be observed when looking at the Dutch driver's preferred leased vehicles. Business lease drivers often prefer to drive luxury business cars. That was reflected in the rankings of popular corporate lease cars in 2023, with Tesla Model Y being by far the most popular model. It is important to note, that most of the models in the list were cheaper. Nevertheless, there was still a difference with the most popular privately leased cars, as Kia Niro, Toyota Aygo X, and Peugot 208 were leading the ranking. Private lease drivers sometimes opted for smaller city cars, with Minis just making to the list of top 10 models with most registrations. Still, those differences weren't always so significant, as many of the models appear on both lists.Regardless of what type of car they preferred, private leasing, business leasing, and car loans allow Dutch drivers to get a car that fits their needs and their budget.
