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FINANCE & OFFERS

BUSINESS FINANCE PRODUCTS

At Lexus we recognise that every business is unique. Whether you're managing a scheme or an entire fleet we tailor a cost effective package that works for you and your company.

BUSINESS FINANCE PRODUCTS

Lexus business finance products offer a flexible range of financial solutions to meet your unique business needs. With a wide selection of options from Contract Hire, Personal Contract Purchase, Hire Purchase and Leasing, our dedicated fleet specialists can help you find the finance solution to meet your needs.

  • CONTRACT HIRE

    With lower monthly rentals and the ease of simply handing your Lexus back to us at the end of your agreement, Contract Hire could be an excellent option for your business. See further details below.
    - Convenient, minimal administration and fixed cost motoring for easy budgeting
    - No depreciation or residual value risks on your Lexus
    - Optional service and maintenance packages

  • HIRE PURCHASE

    Hire Purchase makes managing your budget much easier. Fixed monthly payments are spread over an agreed period (up to a maximum of 5 years) and at the end of your agreement ownership is transferred to you.
    See further details below.
    - Flexible deposit; you can decide the amount
    - No large final payment
    - Writing down allowances can be claimed
    - Your Lexus can be shown as an asset on the balance sheet

  • PERSONAL CONTRACT PURCHASE

    Personal Contract Purchase, or PCP is available to all business users and offers a number of advantages including fixed affordable payments, an accessible deposit and three flexible choices at the end of the your agreement.
    - No minimum deposit and fixed payments over flexible terms
    - The future value of your Lexus is guaranteed
    - Simple budgeting and cash-flow benefits

  • LEASE PURCHASE

    Lease Purchase, like Hire Purchase, is a route to owning your Lexus; it lets you keep your monthly payments low by including a large final payment and at the end of your agreement you will own your Lexus outright.
    - Lower monthly payments can shorten the agreement period
    - Flexible agreement terms for easy budgeting to suit your needs
    - Writing down allowances can be claimed

  • LEASING

    Leasing is another cost effective option with tax advantages, allowing you to share in the profit (or loss) made on the sale of the Lexus at the end of the agreement.
    - A proportion of the rental can be offset against taxable profit
    - Rentals are allowable against tax
    - 50% VAT is reclaimable on rentals (VAT registered businesses only)
    - You can exchange the vehicle at the end of the agreement for a new one

FREQUENTLY ASKED QUESTIONS

NEW CUSTOMERS

  • ​What is a Lexus Connect?

    Lexus Connect is a convenient, flexible PCP (personal contract purchase) plan.

    Lexus set a minimum guaranteed future value (GFV) for your car and this, along with your deposit, is deducted from the cash price. A proportion of the amount you're borrowing is deferred to the end of your agreement, which means your monthly payments are often more affordable compared with other forms of borrowing.

  • What deposit do I need?

    In many cases you don't need to put down any deposit. However many customers choose to part exchange their existing car or put down a small cash deposit to lower their monthly payments.

  • What APR can you offer me?

    The rate depends upon your personal circumstances, the amount borrowed and the length of the agreement. We have a range of competitive finance plans available and we can easily provide you with a finance quote which will give you details of the APR you can expect. You can get a quote for a new Lexus by clicking 'here'.

  • How long do your finance agreements last?

    Most customers opt for an agreement term of between 24 and 37 months, however many of our finance plans are flexible enough to accommodate any monthly period between 12 and 60 months.

  • What happens if my car is written off?

    Many of our customers choose to take an Asset Protector policy to give them added peace of mind in the event of a write off. If your car is written off as a result of an accident, fire or theft, our Asset Protector policy may be able to cover you for the difference between the amount your motor insurer pays out and the price you paid for your car. This product aims to put you back in a position to purchase a replacement car of equivalent value. Your Lexus Dealer will be able to provide you with full details of Asset Protector.

EXISTING CUSTOMERS

  • What happens if my vehicle is stolen or is a total loss?

    You should let your insurers know that any insurance money due must be paid directly to Lexus Financial Services. Contact our team with your insurance details and we’ll liaise with your insurers on your behalf, to arrange for the settlement of the finance agreement. You can contact our team on 0370 850 7788 (Mon to Fri 9am - 5.30pm).

  • How will you use my personal information?

    Keeping your information secure is incredibly important to us, so your Lexus Dealer should have already explained our policy regarding how we treat your personal information. If this is not the case please refer to our privacy policy in your agreement or contact the team on 0370 850 7788 (Mon to Fri 9am - 5.30pm).

  • What should I do if I have a complaint?

    We take great pride in the products and service we offer. However, you may feel our standards haven’t quite met your expectations. We really do value you as a customer, so we’ll do our very best to put things right as soon as you get in touch. If we can’t resolve the issue there and then, we’ll make sure your complaint is addressed quickly and fairly. If you do have a complaint, please talk to a member of our team on 0370 850 7788 (Mon to Fri 9am - 5.30pm).

  • How long should it take to resolve a complaint?

    We aim to resolve your complaint within eight weeks. We are required to issue our Final Response within this period, explaining our final position. If we are unable to resolve your complaint to your satisfaction, you may be entitled to refer it to either the Financial Ombudsman Service at financial-ombudsman.org.uk, or the Finance & Leasing Association at fla.org.uk

  • What should I do if I’m having difficulty making my payments?

    You should be aware that if you do miss payments without agreeing with us first, additional charges may be added to your overall balance. If you think you may difficulty making your payments, please talk to a member of the team on 0370 850 7788 (Mon to Fri 9am - 5.30pm).

  • What do I need to do if I am entering into an IVA?

    If you’re entering into an individual voluntary agreement, you will need to provide us with the details. Call our Customer Outcomes team on 0370 243 0804 and ensure you send us all your IVA documentation as soon as possible.

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​PERSONAL FINANCE PRODUCTS

​GET IN TOUCH

​We're proud of our approachable and knowledgeable finance team at Lexus, who are committed to making your experience as seamless as possible. Whether you're considering Lexus for the first time, or you're already a Lexus owner, you can expect a consistent and exceptional standard of service.

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