Tourism Wind in Daily Car Rental!

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Waiting for growth in car rental!

Inan Ekici, chairman of the board of directors of the Association of All Car Rental Organizations (TOKKDER), announced that the expected activity in tourism this year could result in a growth of almost 30% of the sector. daily car rental. Ekici said day car rental companies have started to prepare for the expected recovery in tourism with their vehicle purchases for this year, adding: “There could be 25-30% growth in car rentals. cars per day this year. With this growth, I believe the business volume of the industry will approach the level of 2019.” Addressing the evolution of commercial vehicle leasing, Ekici pointed out that the share of commercial vehicles in long-term leasing is expected to increase to 25% in three or four years.

Inan Ekici, Chairman of the Board of the Association of All Car Rental Organizations (TOKKDER), the umbrella organization for the car rental industry, made some striking statements about this year while assessing the year last one in particular. Stressing that the mobility expected in tourism this year will be reflected in the field of daily car rental, Mr. Ekici said that in light of these developments, a growth of 25-30% can be seen in the daily car rentals. Ekici also pointed out that with this growth, the sector’s business volume could approach the level of 2019. Drawing attention to the evolution of commercial vehicle rental, Ekici said that the share of commercial vehicles in long-term rental could reach 25% in three or four years.

The number of foreign tourists could approach the figure for 2019!

Stating that day car rental companies have started to prepare for the expected recovery in tourism with their vehicle purchases for this year, İnan Ekici said that the performance of the tourism and car rental sector at the day in 2022 will lead to the transformation of the coronavirus into a seasonal epidemic. and a potential risk like in Ukraine, which is located in neighboring geography. He stressed that the risk of war will end in a short time and the process will not continue in the negative direction. Ekici, if these issues are clarified before the start of the tourist season; He pointed out that the number of foreign tourists, which was 45% lower than the pre-pandemic level last year, could catch up to 50 with an increase of more than 2019% this year.

“The tourist side can grow by more than 50%”

Ekici said, “The tourist side may grow more than 50% with the most conservative estimate,” adding, “Day rental parking was about 35% below pre-pandemic levels l I expect 25-30% growth this year With this growth, I believe the business volume of the industry could come closer to the level of 2019. I am of the opinion that the improvement to be achieved this year thanks to foreign tourists will continue as a trend.Stressing that the parking lot in the daily rental sector, which decreased after the drop in tourist demand due to the pandemic, was at the level of about 35 000 units last year, Ekici said that this year the figure could reach the level of 40- 45 thousand. Visibility of the demand side in tourism last year only after the start of the season, with the reorganization coronavirus restrictions in june kazanEkici a rap pelé that this year, if the epidemic and geopolitical risks do not increase, the outlook will be brighter .

Rapidly rising trend in commercial vehicle rental!

Touching on the topic of commercial vehicle leasing, İnan Ekici pointed out that the share of commercial vehicles in the long-term rental vehicle fleet is expected to increase after changes in the legislation. Highlighting that the share of commercial vehicles in long-term leasing is expected to reach 25% in three to four years, Ekici said: “The obstacles have largely been removed. Even though it is a single vehicle, it can now be rented. We entered a rapid uptrend,” he said. Ekici added that the share of light commercial vehicles in the parking lot of the long-term rental sector would have exceeded 5% last year.

3% growth expected in operational car rental!

Ekici said that the operational leasing sector’s vehicle fleet decreased by around 10% last year to 238,000, and this year the sector’s vehicle fleet is expected to reach 245,000 with limited growth. due to the supply problem, decreasing availability of economy vehicles, increasing vehicle and financing costs. Recount. Recalling that the operational leasing sector’s vehicle fleet has been shrinking for several years, Ekici said: “It could be higher if there were no availability problems. But there is an interest and exchange rate element, the stable exchange rate must continue. I keep my expectation optimistic. 2022 is a year when the contraction stops. I expect limited growth. In this context, a growth of 3% can be recorded in the field of operational car rentals.

After the deferred request, there will be a fast return process!

Stating that the efficient use of limited resources has become extremely important, İnan Ekici said that operational leasing has become the most suitable alternative for companies to meet their vehicle needs. Ekici said, “I think there will be an increase in demand, which has been delayed since 2018, with the end of the effect of the pandemic and the disappearance of the epidemic threat, and we will experience a process of return quick”. Stating that the car rental world has adapted to the change caused by the pandemic and attaches more importance to the use of technology and digitization, Ekici said: “The mainstream of” the use instead of ownership”, which started before the pandemic, will increase even more in the coming period. Individuals and institutions will turn to models that allow them to use as much as they need, and therefore to rental.

Industry issues

Addressing the problems in the industry, İnan Ekici said that many customers want to extend the lease period of their existing vehicles, which they acquired through operational leasing, due to the problem of vehicle supply, but that it is not possible to rent a car older than 48 months due to legislation, and that TOKKDER’s attempts continue with the competent government institutions to overcome this situation. transferred.

Waiting for the ceiling amount of monthly rent expenses in the passenger car!

Ekici also spoke about the cap on monthly rental charges for passenger cars and said, “Due to the increased cost of purchasing, maintaining/repairing and operating vehicles during the current period, 2022,000 TL, the ceiling for monthly rental charges for passenger cars, which was determined for 8, was insufficient. As an industry, we expect the amount to be determined as the monthly rental expense cap for a passenger car to at least cover the monthly rental amount of an entry-level D-segment car, which which corresponds to approximately 15 to 16,000 TL. Under current conditions, the monthly rental fee cap for a passenger car of 8,000 TL may be insufficient even for C-segment vehicles.


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