What is Vehicle Contract Hire?

Contract Hire is a cost-effective way  to lease new business cars and vans. Provided by one of our group companies, Lex Autolease, Vehicle Contract Hire can reduce the risk and costs associated with company vehicle ownership. 

After an advance rental payment, you'll pay fixed, monthly rentals and at the end of your contract, you return the vehicle.

Visit the Lex Autolease website

What type of business vehicles can I lease?


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.

Lex Autolease logo

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?

Drive new vehicles

Choice of new vehicles from all the leading manufacturers, including EVs.

No ownership costs

Don’t worry about depreciation or resale value, just hand the vehicle back.

Monthly payments

Lower fixed monthly rentals as you won’t repay the full value of the vehicle. 

Flexible contracts

Choose contracts from 24 to 60 months.

Optional maintenance

Add maintenance to reduce administration and help budget for vehicle upkeep.

Set your own mileage

Decide what mileage limits are right for your business within our range .

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. 

Talk to a member of the Lex Autolease team

Talk to a member of the Lex Autolease team

Call us on 0800 012 1234.

We’re available from 9am to 5pm, Monday to Friday, except public holidays. 

Visit the Lex Autolease website

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.

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 Bank of Scotland 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 Bank of Scotland. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com.

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