SITE: Lex’s new Coventry base
Lex Autolease have officially opened a new multi-million pound car supermarket and vehicle processing centre in Coventry.
The purpose-built site, which has created 30 jobs, will house Lex Autolease’s national vehicle remarketing operations, processing more than 40,000 fleet cars returned to the company each year.
Ten acres in size, the site includes a large car supermarket, offering more than 500 used cars for sale to the general public at any one time via the company’s ‘Car Select’ retail brand.
It will boast a comprehensive range of models from manufacturers such as BMW, Audi, Ford, Vauxhall, Land Rover, Volvo and Honda.
More than 150 employees will be based at the Coventry site following the relocation of the company’s existing vehicle remarketing operations in the West Midlands.
Lex Autolease will continue to operate their Car Select retail site in Oldbury.
Tim Porter, Managing Director of Lex Autolease, said: “The new remarketing site is a key part of our growth strategy and represents a significant investment for the business.
“As an end-to-end vehicle provider, remarketing plays a crucial role, particularly given the large volume of vehicles that are returned to us each year once their leasing agreement ends.
“The savings and efficiencies gained by moving to this new purpose built remarketing facility will ultimately help us offer better value for customers at the front end of the leasing process.
“We chose Coventry due to its convenient location and excellent transport links.
“This new facility gives us the opportunity to offer quality, used vehicles to a wider section of potential customers across the West Midlands and beyond.
“Each week hundreds of cars are returned to us and each one is rigorously tested and inspected.
“Only the best ones will be sold on the Car Select site.”