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"I think the manufacturers recognise that leasing specialists do a better job of leasing cars," he says.
"I imagine that there will be conversations about 'should we do this ourselves or should we be looking to get specialist expertise in?'"
Graham also reckons that the industry as a whole is in much better condition than it has been for a long time.
"Three or four years ago, most of the banks were dashing for the exits and wanting to ditch non-core assets, but the ones that have stayed in are now all thinking 'this business is core again'," he says.
"Over the last 12 months we've seen stability. The banks are okay and the manufacturer-owned businesses are doing well. Privately owned businesses are doing well too."
He adds that access to finance has made things much easier: "What has become a little bit easier is liquidity and access to finance. That was difficult in the [bad] times.
"I've been in this business for 30 years and I've never known a time when people wouldn't lend you money for such a solid asset."
Concerns about the Eurozone were on the lips of leasing's captains of industry this time last year, but, despite the fact that the continental market is still far from in great shape, these have now given way to concerns that are closer to home.
ALD's recently appointed managing director, Mel Dawson, believes that a healthier new car market in the UK heralds a tail off in the exceptionally strong used car values to which the industry has become accustomed.
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