The UK's largest vehicle leasing business, part of Lloyds Banking Group, leasing cars and vans to businesses, the public sector and individuals.
Lex Autolease is a vehicle leasing company. It leases cars and vans on contract hire to businesses, the public sector, small firms and individual drivers, and manages whole company fleets for customers. Wikipedia describes it as the largest vehicle leasing business in the UK, with a fleet of about 385,000 vehicles.
We did not find a published mission statement. A trade-press profile from 2018 describes its priorities as sustainable growth, customer service, digital tools, automation, compliance and sound risk management, and says it was preparing for closer oversight by the Financial Conduct Authority. The profile is dated, so treat it as a snapshot rather than a current strategy. It says the aim is to keep customers through repeat business, with consumer-style standards modelled on its sister company Black Horse.
Lex Autolease belongs to Lloyds Banking Group. It was formed in 2009 when two businesses, Lex Vehicle Leasing and Lloyds TSB Autolease, were merged. The Lex name goes back to the 1920s and Autolease to 1959. A 2020 trade report says it was closing its Birmingham and Aylesbury offices and creating 60 new roles in Cheadle, Greater Manchester. The article did not say which other offices remain, so check the company's website for the current list. Wikipedia describes Lex Autolease as a subsidiary of Lloyds Banking Group with a registered base in London, while the 2018 profile gave Birmingham as head office, which shows how locations have shifted over time.
The company offers fully outsourced fleet management, finance leases, personal contract hire, small business leasing and short van leases. It runs a web portal and a mobile service for quoting, ordering, delivery and handing back vehicles. It also gives advice on fleet policy, including how to bring in electric and hybrid vehicles. Among its customers, the profile mentions that it took on the 6,000-vehicle fleet of Balfour Beatty in 2014.
The jobs in a leasing company are largely office-based and customer-facing. They include account managers, quoting and pricing analysts, customer service teams, credit and risk specialists, data and digital staff, and vehicle remarketing and electric vehicle specialists. The sources we read did not give total headcount or describe culture, so we cannot say more about day-to-day working life.
Website: www.lexautolease.co.uk
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