Fleet News

Lex refreshes Vendcare fleet

LEX Vehicle Leasing has secured a three-year solus deal to supply 300 vehicles on contract hire to national refreshment supplier Vendcare. The company, which previously financed vehicles through Ford Credit on its largely solus Ford fleet, said it switched to Lex Vehicle Leasing to benefit from a one-stop-shop approach to managing its fleet.

As well as supplying vehicles on contract hire with maintenance, Lex Vehicle Leasing is supplying add-on services. Vendcare has opted to provide new members of staff with a short term rental car for three months before ordering a new car on a two-year contract. The firm will also be making use of the Lex Accident Management service.

Cost comparisons have resulted in Vendcare switching its car replacement cycle from 12 to 24 months and on vans from 24 to 36 months. Senior managers and directors have a free vehicle choice, and route merchandisers drive Escort estates or Escort vans. Transit vans are used to deliver large stock quantities and vending equipment, and all sales consultants drive Mondeos.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee