New Lex leasing scheme
20th April 1979, Page 15
20th April 1979
Page 15
Page 15, 20th April 1979
— New Lex leasing scheme
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LEX Vehicle Leasing is to launch a new scheme which enables an operator to sell his vehicles at their current market value to Lex, and then immediately lease them back again.
Because the vehicles do not physically pass from one party to another, operations can continue while the legal transaction is completed.
The advantage of such a scheme is that an operator can obtain a capital sum quickly which can be used for further investment.
Some operators wishing tc switch over to leasing their vehicles wait until their own vehicles reach the end of their working life, but this Lex scheme enables them to act immediately.
Details of the new scheme are available from Lex Vehicle Leasing, Lower Glory Mill. Wooburn Green, High Wycombe, Bucks.