Vehicle Contract Hire
Lease brand new company vehicles for a fixed period without owning them.
What is Vehicle Contract Hire?
What type of business vehicles can I lease?
Cars
Petrol, diesel, hybrid and electric cars, 4x4s and SUVs.
Light Commercial Vehicles
Petrol, diesel, hybrid and electric vans and flatbed trucks up to 3.5 tonnes.
Introducing Lex Autolease
Lex Autolease Ltd are one of the UK’s largest vehicle leasing companies. They have strong relationships with all the leading manufacturers to offer competitive rental prices on new vehicles.
How can Vehicle Contract Hire help your business?
Does your business qualify for Vehicle Contract Hire?
Contract Hire from Lex Autolease is suitable for businesses that have a requirement for company vehicles. You’ll need to have been trading for a minimum of two years. All agreements are subject to status, application and necessary credit acceptance.
What you’ll need to consider
- There’s no option to purchase the vehicle at the end of the contract.
- Excess mileage charges apply if you exceed your agreed contracted mileage.
- Return condition charges apply subject to fair wear and tear.
- For maintenance, repairs or replacements from accidental or malicious damage and damage caused by driver misuse or abuse are excluded.
What’s the difference between Vehicle Hire Purchase and Contract Hire?
Hire Purchase
Our most popular car finance option helps you spread the cost.
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New or used
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Fixed or variable monthly payments
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Choose your supplier and vehicle
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No mileage limits
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Terms from 12 to 60 months
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Option to own at the end
Contract Hire
A cost-effective way to lease brand new cars without owning them.
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New only
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Fixed monthly payments
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Choose a vehicle from your Contract Hire provider
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Mileage limits agreed at start of contract
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Terms from 24 to 60 months
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Return vehicle at end of contract
Other borrowing options
Whether you're an established business or just starting out, finding the right finance product can be difficult.
Compare and choose our products, whatever your business circumstances.
How to grow your business
To grow a resilient business that’s around for the long term, you must plan for sustainable growth. That means understanding the current situation and having a vision for the future.
MTC is investing in the future of engineering
Find out how the Manufacturing Technology Centre has expanded its specialist training programmes with our funding support.
Finance and contract hire is subject to status for UK resident and 18+ only. The vehicle must be returned at the end of the contract in good condition otherwise further charges will apply.
Lex Autolease Limited Registered in England and Wales with registered number: 1090741 Registered office: 25 Gresham Street, London EC2V 7HN. Authorised and regulated by the Financial Conduct Authority for credit-related regulated activities and insurance distribution.
The provision of credit or leasing services is subject to you meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.
Lloyds Banking Group is a financial services group that incorporates a number of brands including Lloyds Bank. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com.
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