Search
Close this search box.
Sign up for our weekly Newsletter

Lex Autolease switches to AA cover for nearly third of a million vehicles

AA Transit Custom technicians praised the Transit Customs working space cab and the driving position
The AA expects to add up to 70 new patrols with the 300,000-vehicle Lex Autolease contract

Share

4 January 2016

Lex Autolease’s new contract with AA

  • Lex Autolease has 307,000 vehicles on the road
  • Lex fleet accounts for around 20% of vehicles in the top 50 UK fleet and leasing companies and 10% of the total UK fleet parc
  • Contract previously held by RAC
  • 3-year AA contract starts January 2016
  • Deal increases AA share of fleet and leasing market cover from 53% to 63%

LEX Autolease, the UK’s largest fleet and leasing manager, is switching roadside assistance cover for the 307,000 vehicles for which it is responsible from the RAC to the AA in a three-year deal.

The new contract will support Lex Autolease’s services which it provides to nearly a third of a million vehicles as the UK’s largest fleet and leasing manager, and starts in January 2016.

The breakdown service expects to add 50 to 70 new patrols to its assistance fleet as  Lex Autolease switches to AA cover.

Bob Mackenzie, AA executive chairman, says: “Lex Autolease is the market leader in fleet management and is a fleet funding specialist, offering vehicle leasing for fleets of all sizes, and it is our job to help keep it that way.

“We are delighted to be providing its valued customers with year-round peace of mind at the roadside. We have invested and continue to invest heavily in our business to provide state of the art dedicated operational support in the UK.”

The AA cover package

Service in the UK will be provided by the AA’s 3,000 plus patrols and includes roadside assistance, recovery, incident management and European cover.

Tim Porter, Lex Autolease managing director, added: “Roadside assistance is naturally a crucial part of our overall mobility offering, and this contract means we will continue to provide our customers with an excellent level of support when they need it most.”

The Lex Autolease contract win will add to the AA’s B2B business which serves approximately ten million customers in total. Aside from fleet, leasing and hire companies, the B2B business covers three other categories:

  • An important relationship with Lex Autolease’s parent company Lloyds Banking Group to offer breakdown cover to added value account holders across the bank’s brands, including Lloyds, Halifax and Bank of Scotland.
  • The AA serves automotive manufacturers representing close to 70% of the UK’s new car sales market,
  • It also provides breakdown cover to insurance companies who offer the service in addition to the core insurance offer to customers.

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Latest news

Top