THE UK’s largest fleet management and leasing company, Lex Autolease, has persuaded VELUX to ditch its outright purchase policy in favour of business leasing.
VELUX is the world’s leading manufacturer of roof windows, sun tunnels and roof window blinds. It has a fleet of cars and vans that are used by its sales team and technicians for customer fittings and repairs.
Lex Autolease started working with VELUX in November to move the company to a whole life cost policy on a business contract hire with maintenance basis. The leasing company said it was the first step towards making the VELUX fleet more sustainable thanks to reducing running costs and minimising the amount of vehicle downtime.
The VELUX commercial vehicle fleet – predominantly Volkswagen Transporter Highline models, alongside a handful of Mercedes-Benz Sprinter models – has started the transition to business leasing.
Christopher Hoey, Business Development Manager at Lex Autolease, said:
Flexibility is key for all our clients but even more so in the current climate, so it was essential we did whatever we could to help VELUX continue operating as near to normal as possible.
By really getting to know the VELUX team and how the business operates, we were able to recommend and develop a solution with the right vehicle for the right job, while showing them the benefits of contract hire by looking at the whole-life cost and the positive impact it can have on cash flow and the tax benefits.
Lorraine Kane, VELUX Finance Director, said:
Making the move to a fully leased fleet was a huge decision for us, and it felt pretty daunting.Lex Autolease worked hard to understand exactly what we needed and developed a completely outsourced solution that will not only save us money but will bring our vehicles right up to date, making them greener and more reliable. There’s also real peace of mind that comes from knowing that all repairs and maintenance will be taken care of.
Even though nobody could have foreseen what 2020 would bring, we were so grateful to have Lex Autolease as a supportive partner during lockdown. In the long-term, and in line with the VELUX Sustainability Strategy 2030, we plan to continue introducing hybrid and electric vehicles to our fleet and we’re confident we have the best support in place to make that transition seamlessly.
The VELUX UK operation is headquartered in Glenrothes, Scotland.