Contract Purchase
With Contract Purchase, you get the operational benefits of contract purchase and the tax-efficiency benefits of vehicle ownership.
Key Features
- Lex takes care of your operational, managerial and administrative fleet issues
- You have the option of selling the vehicle via Lex at the end of the contract
- Full access to services such as OneCall and Claims Solutions.
- Ideal if your company is unable to take advantage of the VAT benefits of Contract Hire
- Ideal if your fleet includes expensive (£25,000+) vehicles
Key Benefits
- Lex remains your single point of contact
- Improved cash flow control
- Low initial outlay followed by fixed monthly payments and a final optional 'balloon' payment
- Tax-efficiency benefits, such as the ability to claim capital allowances
- You have the option to outsource the vehicle and maintenance disposal risk to Lex
All references to taxation, VAT and accounting treatment are subject to confirmation by your own professional advisors.