TOKKDER Operational Leasing Sector Report 2019 / Quarter 1 Index - - PowerPoint PPT Presentation

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TOKKDER Operational Leasing Sector Report 2019 / Quarter 1 Index - - PowerPoint PPT Presentation

Nov 11, 2023 480 likes •840 views

TOKKDER Operational Leasing Sector Report 2019 / Quarter 1 Index 1- Aim and Scope 03 2- Methodology & Participating Companies 06 3- Summary 10 4- Vehicle Park 15 5- Contract Structure 20 6- Vehicle Investments ( Purchases, Sales and

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SLIDE 1

TOKKDER

Operational Leasing Sector Report 2019 / Quarter 1

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SLIDE 2

Index

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1- Aim and Scope 03 2- Methodology & Participating Companies 06 3- Summary 10 4- Vehicle Park 15 5- Contract Structure 20 6- Vehicle Investments (Purchases, Sales and Paid Taxes) 23 7- Number of Customers 31

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SLIDE 3

3

1- Aim and Scope

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SLIDE 4

Market Information

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TOKKDER was founded in Istanbul in 1996 to integrate rent a car and car leasing companies under the same roof.

Vision To become a reference and a professional umbrella organization in car rental business, of whom all actors in the sector wish to become a member of and to be the reference figure the legislator and the regulatory authorities seek consultance from. About TOKKDER

  • 125 Members
  • Rent a Car and Operational Leasing Sectors
  • Member structure that covers 80% of sector
  • Member of Leaseurope

*Leaseeurope has 44 members in 31 countries and is known with its effects on EU regulations.

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SLIDE 5

Aim and Scope of the Research

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 To draw the overall picture Operational Leasing Sector,  To identify the potential and trends of the sector,  To inform customers, automotive and finance sectors, members and public about the sector trends.

AIM SCOPE

 Vehicle park of the sector

  • Make
  • Segment
  • Fuel type
  • Transmission type

 Total number of customers  Within the period;

  • # of purchased and sold vehicles
  • Vehicle purchases
  • Paid taxes (SCT, VAT, MVT)

 Number of contracts

  • Term & Currency based,
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SLIDE 6

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2- Methodology and Participating Companies

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SLIDE 7

Methodology

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The questionnaire which is prepared under the scope of the research and approved by the Competition Agency, was delivered to Kantar in the digital environment by each company.

Total sector parameters are calculated by projecting the total vehicle purchase volume of the participating companies to the total sales figures to operational leasing sector which are estimated by using ODD reports and TOKKDER predictions. Hence, the sector representation ratio of the participating companies are as follows: 2014  66,3 % 2015  67,5 % 2016  76,9 % 2017  78,2 % 2018  71,4 % 2019 1st Quarter  67,9%

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SLIDE 8

Participating Companies

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ALD AUTOMOTIVE ARKAS OTO FİLO YÖNETİMİ ATAKO DESTEK ARAÇ KİRALAMA AUTOLAND OTOMOTİV ESCAR FİLO KİRALAMA TEB ARVAL BORUSAN OTOMOTİV PREMIUM KİRALAMA OTOPLAN OPERASYONEL TAŞIT KİRALAMA BORLEASE OTOMOTİV A.Ş. DRD FİLO KİRALAMA GARANTİ FİLO HEDEF FİLO LEASEPLAN OTOKOÇ OTOMOTİV LİDER FİLO DENİZFİLO

* Tan Oto Motorlu Araçlar and VDF Filo have stopped participating the research since Q1 2019

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SLIDE 9

Distribution according to Size* - Participating Companies

2019 Q1

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3 2 1 2 8

4 8 12

> 25.000 20.001 - 25.000 15.001 - 20.000 10.000 - 15.000 < 10.000

* # of total vehicles

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SLIDE 10

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3- Summary

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SLIDE 11

Participants and Sector Estimates

2019 Q1

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# of Vehicles (000) # of Purchased Vehicles (000) # of Sold Vehicles (000) # of Customers (000) Amount of Purchased Vehicles (Bn TL) Tax Paid (Bn TL) VAT+MVT+SCT Participants Sector Estimates Sum of Actives (Bn TL) 305 6,7 25,0 53,8 0,805 0,471 28,644 208 4,6 17,0 36,6 0,547 0,320 19,464

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SLIDE 12

Estimated Growth of Vehicle Park of the Sector

Annual

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237 277 331 366 324 305

14,3% 17,0% 19,3% 10,6%

  • 11,5%
  • 5,7%
  • 100,0%
  • 80,0%
  • 60,0%
  • 40,0%
  • 20,0%

0,0% 20,0% 100 200 300 400 500 600

2014 2015 2016 2017 2018 2019 Q1

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331 327 338 347 366 361 365 343 324 305

7,9%

  • 1,0%

3,1% 2,7% 5,5%

  • 1,4%

1,1%

  • 5,9%
  • 5,7%
  • 5,7%
  • 100,0%
  • 80,0%
  • 60,0%
  • 40,0%
  • 20,0%

0,0% 20,0% 100 200 300 400 500 600

2016 Q4 2017 Q1 2017 Q2 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1

Estimated Growth of Vehicle Park of the Sector

Quartely

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14

Growth Rates / Benchmarks

Turkey Economy / Automotive Sector / Operational Leasing Sector

*Source : ODD data used for Passenger car growth. Turkey Economy figures represent the GDP growth.

14,3% 17,0% 19,3% 10,6%

  • 11,5%

3,0% 4,0% 2,9% 7,4% 2,6%

  • 11,6%

23,5% 4,3%

  • 4,5%
  • 33,0%
  • 40,0%
  • 20,0%

0,0% 20,0% 40,0%

2014 2015 2016 2017 2018

Operational Leasing Sector Turkey Economy Passenger Car

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4- Vehicle Park

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SLIDE 16

Make based Distribution

2019 Q1

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26,2% 13,3% 13,2% 10,3% 4,7% 4,5% 4,5% 3,9% 3,1% 3,0% 2,9% 10,4%

0,0% 10,0% 20,0% 30,0%

RENAULT VW FIAT FORD SKODA OPEL AUDI PEUGEOT CITROEN HYUNDAI BMW Other

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Vehicle Segments

2019 Q1

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49,1% 28,9% 13,9% 4,5% 3,7%

0,0% 20,0% 40,0% 60,0%

C B D E-F (SUV) LCV

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Fuel Type

2019 Q1

93,6% 6,4% 0,05% 54,4% 39,5% 6,1%

Diesel Benzine Other Operational Leasing Sector Automotive Sector

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Transmission Type

2019 Q1

46,2% 53,8% 36,4% 63,6%

Manual Automatic Operational Leasing Sector Automotive Sector

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5- Contract Structure

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Contract Features / Terms (Months)

2019 Q1

5,5% 18,7% 62,4% 13,5%

0,0% 20,0% 40,0% 60,0% 80,0% 100,0%

<18 m 18-30 m 30-42 m >43 m

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22

67,3% 0,9% 31,9%

0,0% 20,0% 40,0% 60,0% 80,0% 100,0%

EUR USD TL

Contract Features / Currency

2019 Q1

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6- Vehicle Investments, Purchases, Sales and Paid Taxes

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Vehicle Purchases – Billion TL

Annual

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7,0 8,5 10,9 13,9 10,5 0,8

0,0 5,0 10,0 15,0 20,0

2014 2015 2016 2017 2018 2019 Q1

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3,9 2,2 2,9 3,3 5,4 3,0 3,5 2,6 1,5 0,8

0,0 2,0 4,0 6,0 8,0

2016 Q4 2017 Q1 2017 Q2 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1

Vehicle Purchases – Billion TL

Quarterly

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Number of Purchased Vehicles (000)

Annual

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103 123 147 148 89 7

50 100 150 200

2014 2015 2016 2017 2018 2019 Q1

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Operational Leasing / Share in Automobile Purchases

Annual

17,6% 17,0% 19,4% 20,4% 18,4% 9,8%

0,0% 10,0% 20,0% 30,0%

2014 2015 2016 2017 2018 2019 Q1

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Average Price for Purchased Vehicles (000 TL)

Annual

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67,8 69,3 74,0 93,9 117,4 120,0

0,0 30,0 60,0 90,0 120,0 150,0

2014 2015 2016 2017 2018 2019 Q1

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SLIDE 29

Estimated # of Vehicles Sold for the Sector (000)

Annual

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74 83 94 112 131 25

50 100 150 200

2014 2015 2016 2017 2018 2019 Q1

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Sector Tax Trend

Billion TL

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2,10 1,02 0,21 3,33 2,49 1,31 0,27 4,07 3,00 1,64 0,31 4,95 4,55 2,16 0,41 7,12 3,20 1,65 0,42 5,27 0,17 0,13 0,18 0,47

0,00 2,00 4,00 6,00 8,00 SCT VAT MVT Total 2014 2015 2016 2017 2018 2019 Q1

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7- Number of Customers

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Total Number of Sector’s Customers (000)

Annual

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33,1 42,6 56,7 64,2 56,0 53,8

0,0 20,0 40,0 60,0 80,0

2014 2015 2016 2017 2018 2019 Q1

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58,5 59,8 62,8 64,2 65,1 64,8 60,0 56,0 53,8

0,0 20,0 40,0 60,0 80,0

2017 Q1 2017 Q2 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1

Total Number of Sector’s Customers (000)

Quartely

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Comparison of The Customer Number Growth

14,3% 3,0%

  • 11,6%

26,5% 17,0% 4,0% 23,5% 28,7% 19,3% 2,9% 4,3% 33,0% 10,6% 7,4%

  • 4,5%

13,2%

  • 11,5%

2,6%

  • 33,0%
  • 12,7%
  • 40,0%
  • 20,0%

0,0% 20,0% 40,0% 60,0%

  • Op. Leasing Sector

Turkey Economy Automobile # of Customers 2014 2015 2016 2017 2018

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Number of Vehicles per Customer

Annual

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6,6 5,9 5,3 5,2 5,3 5,3

0,0 10,0 20,0

2014 2015 2016 2017 2018 2019 Q1