UK fleets are keeping their cars and vans almost two years less than the European average, according to authoritative new research from Arval.
Here, the average time before a vehicle is replaced is 3.9 years but, across a basket of 12 other European countries, it is 5.7.
The finding comes from the 2018 edition of Arval’s long-established Corporate Vehicle Observatory Barometer, research which covers 3,718 fleets.
There are slight variances in the UK between different fleet sizes. Smaller fleets (1-9 vehicles) use an average replacement cycle of 3.9 years, medium fleets (10-49) use 3.6 years and larger fleets (more than 50) use 4.2.
Across Europe, the differences are more marked. Smaller fleets (1-9 vehicles) use a cycle of 6.2 years, medium fleets (10-49) use 5.4 years and larger fleets (more than 50) use 4.8.