LEXUS CONNECT

CONTRACT HIRE

With Lexus Connect - Contract Hire you simply drive your Lexus for an agreed period, then hand it back – subject to mileage and condition charges if applicable. You can even include a maintenance package.

It is a straight forward and low risk option to keep your business moving, particularly if your business is VAT registered . Budgeting is made easier with fixed affordable rentals and by including optional maintenance you can avoid many unexpected costs and charges.

With Lexus Connect Contract Hire you have the convenience of not having to worry about disposal or depreciation concerns, it's risk free - leaving you free to focus on enjoying your Lexus driving experience.

Back to Lexus Connect

How it works

You choose the Lexus you wish to drive, agree the repayment period and the maximum annual mileage that you expect to undertake. Based on these three factors we will arrange a fixed number of rentals some of which you will be required to pay in advance. LFS take care of much of the administration for items covered under a maintained contract and you have full use of the car but never own it.

Key Benefits

  1. Lower monthly rentals (as we reclaim the VAT on the vehicle price and pass the saving on to you)
  2. No depreciation or residual value risk
  3. Protection against any fall in used vehicle prices
  4. Rentals are allowable against tax (business users only)
  5. 50% VAT reclaimable on rentals (VAT registered businesses only)
  6. Fixed cost motoring making budgeting easier
  7. Use without the risks of ownership
  8. Optional maintenance package covers unexpected costs (100% VAT is reclaimable on maintenance charges)
  9. Improved cash flow
  10. Convenience and minimum administration
  11. No responsibility for the disposal of the vehicle
  12. Road Fund Licence - renewal included for the period of the contract
  13. Off balance sheet funding

PERSONAL CONTRACT HIRE

How It Works

Private individuals can also benefit from the advantages of Lexus Connect - Contract Hire with the fully maintained option. It can be particularly attractive if you are opting out of a company car scheme as we take care of much of the administration involved in running your vehicle. It offers a trouble-free, cost effective way of using a car over an agreed period of time for a fixed monthly rentals.

Key Benefits

  1. Carefree motoring - as much of the administration involved in running your vehicle is taken care of by us
  2. Low risk, protection against any future fall in used car values
  3. Fixed monthly rentals for easy budgeting
  4. Convenience - no responsibility for the disposal of the car

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