Contract Purchase
Vehicle leasing with the option to buy
Enjoy the same benefits as contract hire – and more
Like contract hire, contract purchase allows you to enjoy all the benefits of your own fleet – while we take care of the management and paperwork. Plus, you have the option to buy the vehicles when the contract ends.
How does Lex Contract Purchase work?
We own the vehicles, so we can be responsible for maintaining them. You get to use them while we have a contract – and when it ends, you can either:
- make a final payment and buy the vehicles from us
- return the vehicles to us and we’ll sell them on your behalf (you pay for any difference between the value and the proceeds).
Who is Lex Contract Purchase for?
Contract purchase is ideal for businesses that can’t take advantage of the VAT benefits of contract hire
Why choose Lex Contract Purchase?
With our contract purchase you get the tax efficiency benefits of ownership, including being able to claim capital allowances.
Find out more about what Lex Contract Purchase can do for your company
Get in touch with Lex
Call our team on 0844 335 4000 or arrange for us to call you back at a time that suits you
Tell us what you need: fill in our online contact form and we’ll call you.
All references to taxation, VAT and accounting treatment are subject to confirmation by your own professional advisors.
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