Aftermarket Magazine April 2023

In 2021, London won the unenviable reputation of being the most congested city in the world. As things stand drivers populating the roads of our capital can expect to waste 148 hours at the wheel on average due to blocked-up traffic jams. Not only does this consume motorists’ precious time, but long vehicle queues don’t do the environment any favours either. Mindful of the negative effects of traffic pollution, ministers have plans to decrease these figures in the (not so) long run. In the meantime, more and more people are opting for different ways to get around. Motorists are starting to realise, in fact, that they do not need to own a car to comfortably move from A to B. Leasing vehicles, for instance, is one of the most prominent alternatives, offering drivers an array of general and ecofriendly benefits. Here, we delve into 14 AFTERMARKET APRIL 2023 BUSINESS www.aftermarketonline.net CAR OWNERSHIP; FROM MOST TO LEASE? The experts at Van Ninja look at the decline in private car ownership, and ask if leasing is taking over the rising popularity of hiring your own car or van, while outlining what actions are being taken to shrink the number of private vehicles. Rates of car ownership in London are significantly lower than in the rest of the UK. In the capital, each household owns an average of 0.74 cars. Meanwhile, households in the South East and South West regions of the country possess 1.41 and 1.39 vehicles respectively. Still, Londoners – as well as drivers in large cities across Britain – are being incentivised to limit their car journeys or refrain from buying new vehicles altogether. The implementation of Ultra Low Emission Zones (ULEZ) is contributing to the mission. First launched in London in April 2019, and now extended to populous centres in the UK, ULEZ are areas within cities where residents are required to abide by certain emission standards. Only electric and hybrid vehicles, as well as ones that satisfy Euro 5 (petrol) and Euro 6 (diesel) standards, are allowed to circulate in these zones for free. If drivers want to journey through ULEZ with a car that fails to meet these requirements, they have to pay a daily charge of £12.50. For regular commuters, this can soon become a hefty expense. A solution would be to buy an electric car, but there is no hiding that this would be a costly purchase. Leasing an EV, instead, would allow drivers to circulate inside city centres in a sustainable and affordable way without breaking the bank. Hence, it is fair to say that it is an effective green measure to discourage people from purchasing and relying on their own private cars. Additionally, London mayor Sadiq Khan has unveiled plans to introduce smart road pricing. This means that, from 2024, motorists across the whole of London may be charged every time they jump behind the wheel of their own vehicle. The aim is to minimise carbon emissions and

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