What is an LMD (medium-term lease)?
Before getting to the heart of the matter, we'll explain in detail what a LMD is.
As its name suggests, an LMD (medium-term leasing) is a financing method that allows you to lease 100% electric vehicles for a period of 1 to 24 months (maximum 2 years renewable). For a period longer than 24 months, we recommend a LLDfrom 24 to 60 months. On the other hand, if you want to lease for less than 1 month, you'll need to take out a short-term leasing contract (LCD).
How does an LMD with Beev work?
As we saw earlier, you have to wait at least 8 months to receive your electric vehicle. That's where Beev's LMD comes in.
The concept is very simple: while you wait for your electric vehicle to be delivered in several months' time, you can receive and enjoy another LMD vehicle in the meantime.
For professionals and companies, this could be an interesting offer if you're looking for a low-cost electric vehicle quickly. The LMD is a rental offer that meets an immediate need.
When and how do I take out an LMD?
If you're wondering when to choose an LMD, it depends on your company's current situation and future needs, including :
- meet an HR need
- your company is expanding
- you can choose an electric car during seasonal periods
Then, to apply for a LMD, the procedure is simple. Contact us by e-mail ([email protected]) or by phone 01 85 15 95 98a Beev expert will be happy to assist you.
As with LLD and LOA, you'll be asked to submit a number of documents to validate your LMD subscription. The only difference is that, unlike the other two financing options, the documents required are much lighter. The following documents are required:
- balance sheets for the past two years
- a copy of the manager's identity card
- Company Kbis. This document provides legal proof of your company's existence.
Once your application has been validated, there are several ways to collect your new electric car:
- by going directly to the nearest car dealership
- have it delivered to your home or workplace
Once you've received your vehicle, you're free to enjoy it!
Get a car policy with Beev!
Need a car policy for your company? Beev offers you a free personalized car policy for your company.
Why choose LMD to lease an electric vehicle?
Many companies and professionals opt for leasing because it offers a number of advantages, including :
- you can smooth out your expenses. All you have to do is pay cash.
- you have control over your budget, since your monthly payments are fixed for the duration of the contract.
- depending on the evolution, size and diversity of the company, the electric vehicles offered are adapted.
- in the event of defects, the electric vehicle is not at the company's expense, as it does not own the asset. What's more, fixed assets and depreciation have no impact on the vehicle, as the asset is not part of the company's assets. Depreciation also applies to leasing.
- if your company is subject to VAT, you can deduct it from current expenses. On the other hand, if you're a self-employed professional and subject to the actual expenses regime, it will be possible to book the rent as overheads. As a result, you'll be able to deduct them from your taxable income.
1. LMD: a more flexible solution
As the LMD is a rental, you won't own the electric car you choose. In this case, vehicle-related services are included in the rental. This saves you money. Services include
- maintenance service
- maintenance
- tires
- electric vehicle assistance
- pneumatic service
- multi-driver comprehensive insurance
- damage pack
- glass breakage
With these services included in your LMD contract, you'll not only save money, you'll also be able to drive with peace of mind. In fact, all these services will be taken care of by the financing organization. You can drive with peace of mind.
2. You are free to choose the offer that suits you best
With Beev, we offer you solutions tailored to your projects. So you're spoilt for choice when it comes to financing.
Depending on your situation, you can choose :
- the electric vehicle: at BeevWe offer 3 100% electric cars for LMD rental for professionals and companies:
Whichever vehicle you choose, you'll be able to lease it with no down payment and no additional 1st rental charge.
- monthly mileage
- the duration of the contract: you are free to choose how long you want to use an electric car. This gives you greater flexibility when it comes to leasing. But beware, as this is a shorter contract than the LLD and LOA, the duration is limited to a maximum of 24 months, renewable.
- the amount of the initial payment
- When you want your vehicle: you're free to choose the period that suits you best for renting an electric vehicle. It all depends on your needs and objectives for the weeks or months ahead.
What's more, at the end of the contract, you have the option of renewing the offer, choosing another option (LOA or LLD) or withdrawing. If you wish to change your leasing option, Beev can convert the LMD into a LLD or LOA.
3. Electric vehicle rental with no additional 1st rental charge and no down payment
In general, when a motorist wishes to lease a vehicle, the owner of the property will ask for an initial premium rent. This is granted if the organization has examined the customer's creditworthiness. This first rent, which the lessee must pay to the owner of the vehicle, covers all the costs involved in signing the lease, such as registration fees and, in the case of electric cars, the cost of the vehicle registration document. registration for electric cars.
With Beev, on the other hand, you rent a vehicle with no additional 1st rental charge and no down payment. With a no-down-payment lease, monthly payments are known in advance and are fixed. So, with no upfront costs, you'll have one less financial burden and more control over your budget.
4. Take advantage of the latest vehicles
As with LLD or LOAthe LMD also allows you to benefit from today's electric vehicles, equipped with the latest innovations and technologies.
As companies are constantly evolving, new needs and objectives are emerging. That's why it's essential to equip yourself with vehicles that are functional and adapted to your activity.
Let's take an example:
As you no doubt know, the French government has introduced and continues to introduce measures to tackle CO2 emissions from the French car fleet. As far as companies are concerned, the LOM law (Mobility Orientation Law) is one such measure, under which the French government encourages companies with vehicles weighing less than 3.5 tonnes to progressively electrify 10% of their fleets.
Read also: Companies: the benefits of an electric vehicle fleet.
5. Save time by entrusting your project to us
To ensure the success of your LMD, it's essential that your project is carried out under the best possible conditions.
It's true that comparing quotes and finding the best deal is no easy task. Especially as it can take up a lot of your time.
To counter this, with Beev, you have a single point of contact to guide and advise you. By entrusting your project to Beev advisors, they will be able to :
- offer you the best deals at the best prices
- get the support you need to carry out your project with complete peace of mind
- take charge of your project management
Moreover, as a contract for an immediate need, the LMD will give you an electric vehicle as quickly as possible. As soon as you place your order, your vehicle will be delivered within 15 days.
Why rent vehicles for your business?
As you can see, the LMD could be the solution for you if you need an electric vehicle right away. Aside from the advantages that the LMD brings, having electric vehicles for your company gives you other benefits, notably:
- From an environmental point of view: thanks to electric vehicles, you can reinforce your CSR policy, not least for the well-being of your employees. Indeed, it can be a powerful lever for motivating and retaining your employees. On the other, for ecological reasons. In this way, you reinforce your commitment to reducing air pollution and enhancing your company's image in the eyes of your employees, current and future partners and customers.
- From a brand awareness point of view: if, after this rental, you would like to have vehicles on a long-term basis, rechargeable charging stations for your parking lot are worth considering. Indeed, as many drivers switch to electric vehicles, your customers and/or employees will need to park in dedicated parking spaces, in order to recharge their electric cars. By doing so, you'll attract more customers and consolidate their loyalty.
Also read: 5 reasons to install charging stations on your premises.
If you have any questions about LMD, please don't hesitate to leave us a comment or contact us directly.
On the other hand, if you're interested in this type of rental, but are hesitant about a specific subject, don't worry. Our Beev experts will be able to provide you with offers tailored to your needs.
For more information, we've put together a guide to this topic to explore the different aspects in depth:
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