Arval to provide leasing options for YesAuto online sales platform

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Arval has signed a deal to provide leasing options for new and used car platform YesAuto.

The partnership with Arval will enable YesAuto to add more than 170,000 new car leasing deals to its existing platform

The online buying platform launched in the UK in April 2020 under the European arm of Autohome, a leading online car sales portal in China. Since its launch, YesAuto has attracted 1.1 million unique visitors and, by September, had listed 135,000 vehicles from 1,800 retailers.

The partnership with Arval will enable YesAuto to add more than 170,000 new car leasing deals to its existing platform, catering for drivers looking for new cars without the commitment of outright purchase.

Paul Hyne, commercial director at Arval UK, said: “With its strong presence in China, we are pleased to establish a partnership with YesAuto as it enters the UK car leasing market for the first time. It enables us to take our exclusive lease deals direct to a wide range of consumers through its intelligent online platform and app, which during the global pandemic we’re facing is the new normal for leasing or buying a car today.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.