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ABEC to gain significant savings under Lex leasing deal

Based in Tewkesbury, and with offices in London, Birmingham, Cardiff and Horsham, the firm was previously purchasing vehicles as well as using short-term rental.

Under the new deal, the company has leased 10 new vehicles with a focus on low-emission, fuel-efficient cars. The move not only supports its core business proposition of sustainability, but will save ABEC significant on-road and maintenance costs that can be invested in its nationwide expansion.

The cars, including Volkswagen Passat, Ford Mondeo, and Vauxhall Insignia models, have CO2 emissions of 120g/km or less, helping to reduce the company’s fuel spend and attracting taxation benefits.

The vehicles will be used by its specialist engineers for call-out and consultancy services for heating, insulation and ventilation systems across sectors including financial services and banking, local government, education and healthcare.

Daniel Kittow, managing director at ABEC, said: ‘The costs of short-term car rentals was becoming unsustainable for our business. This leasing deal has significantly cut those costs, which means we can now spend more time and energy delivering our core business services to existing clients and focus on expanding our customer base throughout the regions.’

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.