Discussion
Does anyone own or lease a car through Lex Autolease?
If anyone does, or has had any qoutes from them recently for various cars, it would be interesting to see what they have been qouting or what you pay.
I have to lease/ECOS a car through them soon but can find very little information on pricing at the moment and I don't want to contact them directly at this stage.
Also if anyone knows who their main providers/dealers networks are that would be handy too?
Thanks.
If anyone does, or has had any qoutes from them recently for various cars, it would be interesting to see what they have been qouting or what you pay.
I have to lease/ECOS a car through them soon but can find very little information on pricing at the moment and I don't want to contact them directly at this stage.
Also if anyone knows who their main providers/dealers networks are that would be handy too?
Thanks.
Can't help much but my company uses them, they used to be part of Lloyds TSB IIRC. Is it a personal or business lease?
I think they are competative for volume business but not particularly for single cars.
Just checked some paperwork and our last few years worth of Focii came from Dovercourt Ford is Essex.
I think they are competative for volume business but not particularly for single cars.
Just checked some paperwork and our last few years worth of Focii came from Dovercourt Ford is Essex.
Edited by Ozone on Thursday 22 July 11:36
I'm not sure how it will work, presumably business though.
I've always had a straight forward company car... my new employer operates an employee car ownership scheme, and in all honesty I am not entirely sure how it works.
The new employer has 1000's of cars through Lex Autolease so I imagine they get relatively good deals with them.
My apologies for the slightly weird questions. I'm just trying to avoid contacting Lex directly at this stage as I've not started yet. I also don't want to ask a load of questions to my new employer just about the car scheme as I imagine its fairly trivial to them.
I've always had a straight forward company car... my new employer operates an employee car ownership scheme, and in all honesty I am not entirely sure how it works.
The new employer has 1000's of cars through Lex Autolease so I imagine they get relatively good deals with them.
My apologies for the slightly weird questions. I'm just trying to avoid contacting Lex directly at this stage as I've not started yet. I also don't want to ask a load of questions to my new employer just about the car scheme as I imagine its fairly trivial to them.
I beleive large co's have a fleet list with prices on so you get the deals that they get through volume if you see what i mean.
I would ask your employer regardless, how else are you supposed to know how their system works? If the car is part of your employment package then it's important, just like pension and health care schemes.
Just to add, make sure the car prices you are given include vat.
HTH
I would ask your employer regardless, how else are you supposed to know how their system works? If the car is part of your employment package then it's important, just like pension and health care schemes.
Just to add, make sure the car prices you are given include vat.
HTH
I have a car via ECOS through Lex. They are a nightmare. Absolutely retarded. So retarded they are unique. Unitards if you will.
If you have an ECOS, you dont need to pay Company Car Tax as you personally lease the car and your company will give you (in many circumstances) a loan to pay for the car and it will be fully maintained.
There's no point in finding out their supplier and costs until you have your T&Cs. All depends on which brand you buy, petrol or diesel, your Tax band, the CO2 emmissions etc. It's far to complicated to work out by yourself.
They have some weirrrrd deals though. For example, a Merc C250 CDI Sport is cheaper per month than a Vauxhall Zafira 1.7 CDTI. They "encourage" you to go for certain brands and cars that they will make money on, as the manufacturer will give them big discounts.
For example they work out your payment plan based on the P11D LIST value of the car. A colleague recently picked up a 3 Series Convertible and the dealer accidently left the invoice in the car. Lex got an £11k discount on the car, but charged the finance on the list value. When challeneged, they denied all knowledge.
If you have an ECOS, you dont need to pay Company Car Tax as you personally lease the car and your company will give you (in many circumstances) a loan to pay for the car and it will be fully maintained.
There's no point in finding out their supplier and costs until you have your T&Cs. All depends on which brand you buy, petrol or diesel, your Tax band, the CO2 emmissions etc. It's far to complicated to work out by yourself.
They have some weirrrrd deals though. For example, a Merc C250 CDI Sport is cheaper per month than a Vauxhall Zafira 1.7 CDTI. They "encourage" you to go for certain brands and cars that they will make money on, as the manufacturer will give them big discounts.
For example they work out your payment plan based on the P11D LIST value of the car. A colleague recently picked up a 3 Series Convertible and the dealer accidently left the invoice in the car. Lex got an £11k discount on the car, but charged the finance on the list value. When challeneged, they denied all knowledge.
Hmmm interesting.
The T&C's are very confusing I already have them. I can have any car providing it is a diesel.
I contribute less if it is under 160g/km, or more if it is over.
Other than that I am completely in the dark as to how these scheme operate and it seems everyone else is too.
Very frustrating infact.
The T&C's are very confusing I already have them. I can have any car providing it is a diesel.
I contribute less if it is under 160g/km, or more if it is over.
Other than that I am completely in the dark as to how these scheme operate and it seems everyone else is too.
Very frustrating infact.
Edited by GSP on Thursday 22 July 15:13
Ozone said:
Can't help much but my company uses them, they used to be part of Lloyds TSB IIRC.
They've been (part-owned or owned) by Nat West (iirc), RAC, HBOS and Lloyds in the time that I have worked for them (I'm an IT Contractor and have worked for them several times since 1991 (blimey I'm old!)).As someone pointed out what a private individual will get quoted is not what a big company renting thousands of cars will get quoted. They'll also get sourced from wherever is giving the best deals or even from the manufacturers themselves. You can get online quotes, spec the cars up etc.
Just thought I would update this thread.
They are a great company to deal with and the online system is pretty awesome, simple and effective.
There was loads of choice. I ordered a 120d M Sport with metalic paint, 18" M spoke wheels, sunglass protection, cruise control and bluetooth phone connect.
Just have to wait for a delivery date now
They are a great company to deal with and the online system is pretty awesome, simple and effective.
There was loads of choice. I ordered a 120d M Sport with metalic paint, 18" M spoke wheels, sunglass protection, cruise control and bluetooth phone connect.
Just have to wait for a delivery date now
arun1uk said:
For example they work out your payment plan based on the P11D LIST value of the car. A colleague recently picked up a 3 Series Convertible and the dealer accidently left the invoice in the car. Lex got an £11k discount on the car, but charged the finance on the list value. When challeneged, they denied all knowledge.
Since when is a making a profit in business a crime? They're not required to discuss their internal business affairs with their customers. Very naive!GSP said:
Just thought I would update this thread.
They are a great company to deal with and the online system is pretty awesome, simple and effective.
There was loads of choice. I ordered a 120d M Sport with metalic paint, 18" M spoke wheels, sunglass protection, cruise control and bluetooth phone connect.
Just have to wait for a delivery date now
Nice work!They are a great company to deal with and the online system is pretty awesome, simple and effective.
There was loads of choice. I ordered a 120d M Sport with metalic paint, 18" M spoke wheels, sunglass protection, cruise control and bluetooth phone connect.
Just have to wait for a delivery date now
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