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Contract Hire

Contract Hire

With Contract Hire, we retain vehicle ownership while you enjoy a stress-free fleet.

Key Features

  • Off balance sheet funding as vehicles are owned by Lex
  • Fixed monthly cost for the life of the contract
  • Flexible lease terms and mileage use to suit your business
  • Lex takes on all associated risks of vehicle ownership

Key Benefits

  • Enhanced borrowing ratio for your company with off balance sheet funding
  • Improved tax efficiency through numerous VAT benefits
  • Low initial outlay
  • Improved budgeting and cash flow forecasting
  • Reduced administrative burden as Lex supplies, services and disposes of your vehicles

If you currently own a fleet and you're tired of running the financial risk, you can also switch over to Contract Hire. Find out more with Sale & Leaseback.

For more information

Call our team on 0844 335 4000 or click here to arrange a call back


All references to taxation, VAT and accounting treatment are subject to confirmation by your own professional advisors.