BCA and Lloyds Banking Group have announced a five-year extension of their remarketing contract.
The deal, which now runs until 2031, includes the Lex Autolease, Black Horse, and Tusker brands, and will see BCA remarket more than 300,000 Lloyds vehicles, providing services including end-of-contract inspection and collection, V5 and cherished plate management, and pool fleet management.
Avril Palmer-Lavery, executive chairman of BCA’s parent company Constellation Automotive Group, said: “We are delighted to have renewed this substantial and significant volume of business for a further five years with one of our longest-standing corporate customers.
“BCA and Lloyds Banking Group have a long history of innovation and partnership, and this renewal underlines that BCA operates the most efficient, sustainable, and profitable vehicle exchange with the capacity to meet the needs of the biggest operators in the industry.”
Nick Williams, managing director for transport for Lloyds Banking Group, said: “We’re pleased to extend our long-standing relationship with BCA, a trusted partner that continues to deliver scale, innovation, and operational excellence.
“This renewed agreement supports our strategic goals by ensuring a seamless, sustainable, and high-performing remarketing solution across our brands.
“We look forward to continuing to work together to deliver value for our customers and stakeholders.”
