Funding

BUSINESS CONTRACT HIRE

A smart and economical way to lease a vehicle

how it works

Our relationship with leading manufacturers and our industry experience enables us to use our buying power to get you a competitive rental price on brand new vehicles. Following an advance payment you'll pay fixed monthly rentals and at the end of your contract, just hand the vehicle back to us*. 

Benefits

  • Low, fixed monthly rentals available
  • Flexible contract lengths: minimum 24 - maximum 60 months
  • Optional maintenance packages for an additional cost**
  • Drive a brand new vehicle
  • No vehicle depreciation worries
  • Set your own annual mileage within limits
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Useful Information

  • Excess mileage and return condition charges may apply
  • No risk on disposal provides protection around the key risks of ownership, such as depreciation and resale
  • The customer cannot purchase the vehicle at the end of the contract
  • Possible to reclaim VAT depending on vehicle usage (private/commercial or mixed use) and individual tax status. If uncertain, check with your tax advisor


Eligibility

  • Businesses must have been trading for a minimum of two years
  • Available only to cars, vans, flatbed trucks up to 3.5 tonnes and 4x4/SUV requirements. We are unable to assist with HGVs, agriculture machinery, motorbikes, camper vans, couriers, driving schools, chauffeurs, or hire and reward
  • Maximum quotable contract mileages: Cars - Petrol 120,000 miles, Diesel 150,000 miles. LCVs - Petrol 150,000 miles, Diesel 180,000 miles
  • Subject to status, application and necessary credit acceptance


*Vehicle should be returned in good condition to avoid further charges, please refer to the. BVRLA Fair Wear and Tear Policy. Excess mileage charges apply if the contracted mileage is exceeded. **Repairs or replacements from accidental or malicious damage and damage caused by driver misuse or abuse are excluded. The vehicle must be serviced in accordance with manufacturer’s guidelines and by an approved service dealer. 

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© 2022 Lex Autolease Limited. Registered office: 25 Gresham Street, London EC2V 7HN Registered in England and Wales No: 1090741