H1 2025 European Leasing Market Overview

Leaseurope, the trade association representing the European leasing and automotive rental industries, has released European leasing market figures for the first half of 2025. These numbers suggest that new business growth persisted in H1 2025, though at a more gradual pace.

The results of Leaseurope’s 2025 Biannual Statistical Survey show that the market kept growing in the first half of 2025, but at a slower pace, partly due to companies remaining cautious amid uncertainty and focusing on careful spending. Total leasing volumes in the first half of 2025 amounted to nearly €203 billion, up by 2.2% from the same period in 2024. Vehicle leasing performed well, with new business rising 5.9%, while equipment leasing declined by -8.7%. Real estate leasing recorded a strong overall increase of 17.0%, but trends varied widely across members, with some reporting double-digit growth and others seeing significant declines.

“In the first half of 2025, the European leasing business saw modest growth in new volumes, despite continued uncertainty in the overall environment. Meanwhile, companies invested in equipment and intangible assets at a faster pace than expected. However, according to the latest European Economic Forecast, the outlook for the second half of the year suggests that investment could slow down slightly as companies become more cautious with spending due to higher costs and a tougher global context. Even so, there are signs of steady growth, and planned investment hasn’t stopped — it’s just becoming more cautious and selective, which means flexible financing options like leasing may continue to play an important role.”