RAC Business works together with Lex Autolease in new leasing deal

Two of the UK’s leading brands in the automotive sector have joined forces to offer small to medium-sized businesses a new vehicle leasing service, which will both support business growth and provide greater choice and flexibility for fleet managers.

The RAC’s Business Club customers now have the option to lease vehicles through a vehicle management portal developed by the breakdown and motoring services organisation, offering new cars and light commercial vehicles provided by Lex Autolease.

The arrangement will give the RAC’s Business Club customers access to the buying power of the UK’s leading vehicle management and funding specialist - which currently has over 300,000 cars and vans in its fleet – in what is thought to be the first white label leasing arrangement of its kind in the UK.

In addition to regular special offers and more competitive leasing rates, customers will also benefit from complementary fleet services provided through the Business Club platform. These include RAC Telematics, RAC Fuel Cards, accident management services, van for van replacement, and duty of care guidance.
 
Jenny Powley, sales director corporate at RAC Business says: “We have developed a powerful proposition with Lex Autolease which will provide SMEs with the best option for leasing fleet vehicles.As a business the RAC leases all its vehicles, cars and patrol vans so it was a natural step to give our Business Club customers access to the level of service and economies of scale that we enjoy with Lex Autolease. 

“We are confident that working together with Lex Autolease will deliver the kind of service our customers are looking for when considering leasing, with easy access from the Business Club portal.

“Leasing vehicles rather than buying outright can be a much better option for businesses that rely on being on the road, as they have the security of reliability and don’t have to worry about unexpected servicing or breakdown costs, because that is covered. As such their business will operate more smoothly which puts them in a better position to grow as a result.

“We are confident that our Business Club customers will see the clear benefits of this arrangement and take advantage of the special promotions open to them.”

Andrew Goodwin, Business Development Director at Lex Autolease, said: “It’s not only large businesses that can benefit from vehicle leasing. Opting to lease rather than buy cars and vans can unlock valuable capital for SMEs, currently tied up in depreciating vehicle assets that could be better invested elsewhere.

“Small and medium sized businesses already have access to a range of vehicle management tools in the RAC Business Club portal. The addition of Lex Autolease’s leasing expertise and special leasing offers makes this an indispensable resource for sole traders, entrepreneurs and SMEs looking to make better use of precious capital and work more effectively to achieve their ambitions.”

For more information go to www.rac.co.uk/business

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About RAC Media Centre

The RAC Media Centre provides journalists and news outlets with the latest motoring-related news, comment, data and research.

The RAC is an iconic UK brand, and provides complete peace of mind to nearly 14 million UK private and business drivers - whatever their motoring needs. As well as its premium nationwide breakdown assistance service – with an expert branded patrol workforce attending more than two million breakdowns every year – and European breakdown assistance products, it offers a wide range of market-leading products across insurance, legal services, vehicle inspections and service, maintenance and repair. Included in this is the first-of-its-kind nationwide Mobile Mechanics service which brings the garage to homes and workplaces. 

At the forefront of new solutions for business fleets and consumers, the RAC’s breakdown service is electric-ready with mobile EV charging technology and be called on using myRAC – its all-in-one route planner, fuel finder and breakdown reporting app