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What is a medium-term lease?
Before getting to the heart of the matter, we'll explain in detail what a LMD is.
As its name suggests, a LMD (Medium-term leasing) is a financing method that allows you to lease 100 % electric vehicles for a period of 1 to 24 months (i.e. a maximum of 2 years, renewable). For a period of more than 24 months, we recommend that you opt for leasing in LLDThese range from 24 to 60 months. On the other hand, if you want to rent a car for less than 1 month, you will need to take out a short-term rental contract (LCD).
How does a LMD with Beev work?
As we saw earlier, you have to wait at least 8 months to receive your electric vehicle. And 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 businesses, 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 a DML?
If you're wondering when to choose a DML, it depends on your company's current situation and future needs, including :
- meet an HR need
- your company is expanding rapidly
- you can choose an electric car during seasonal periods
The procedure for applying for a LMD is simple. Contact us by e-mail ([email protected]) or by telephone on 01 85 15 95 98A Beev expert will be there to support you.
As with the LLD and LOA, you will be asked to provide documents to validate your subscription to the LMD. The only difference is that the dossier will be much lighter, unlike the other two financing methods. The following documents are required:
- balance sheets for the last two years
- a copy of the manager's identity card
- Kbis of the company. 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 will provide you with a free personalised car policy for your company.
Why choose LMD to lease an electric vehicle?
Many businesses and professionals opt for leasing because it offers a number of advantages, including the following:
- you can smooth out your spending. All you have to do is pay cash.
- you have control over your budget, as the monthly repayments are fixed for the duration of the contract.
- Depending on the development, size and diversity of the company, the electric vehicles on offer are adapted.
- in the event of defects, the electric vehicle is not the responsibility of the company, as it does not own the asset. What's more, fixed assets and depreciation have no impact on the vehicle, as the asset does not form part of the company's assets. Depreciation also applies to leasing.
- if your company is subject to VAT, you will be able to deduct it from current expenses. On the other hand, if you are 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 will be able to deduct it from your taxable income.
1. DML: a more flexible solution
As the LMD is a rental, you will not own the electric car you have chosen. In this case, vehicle-related services are included in the rental. So you can save money. Services include
- maintenance service
- maintenance
- tyres
- electric vehicle assistance
- pneumatic service
- multi-driver comprehensive insurance
- the damage pack
- glass breakage
With these services included in your LMD contract, you can not only save money, but also drive with peace of mind. In fact, all these services will be taken care of by the financing organisation. 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 have 3 100 % electric cars available for LMD hire for professionals and companies:
Whichever vehicle you choose, you can lease it with no deposit and no higher 1st rental charge.
- monthly mileage
- the length of the contract: you are free to choose how long you want to use an electric car. This gives you greater flexibility over the rental period. 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 are free to choose the period that suits you best for hiring an electric vehicle. It all depends on your needs and your objectives for the weeks or months ahead.
What's more, at the end of the contract, you can renew the offer, choose another option (LOA or LLD) or withdraw. If you want to change your leasing option, Beev can convert the LMD into a LLD or LOA.
3. Electric vehicle hire with no additional 1st rental charge and no deposit
In general, when a motorist wishes to lease a vehicle, the owner of the property will ask for a higher initial rent. This is granted if the organisation has studied the customer's creditworthiness. This initial rent, which the lessee must pay to the owner of the vehicle, covers all the costs involved in signing up for the lease, such as administration fees and the cost of the vehicle. vehicle registration for electric cars.
With Beev, on the other hand, you can hire a vehicle with no additional 1st instalment and no deposit. With a no deposit lease, the monthly payments are known in advance and are fixed. So, by not having to pay anything up front, you'll have one less financial burden and more control over your budget.
4. Benefit from the latest vehicles
As with LLD or LOAthe LMD also allows you to take advantage of today's electric vehicles, equipped with the latest innovations and technologies.
As businesses are constantly evolving, new needs and objectives are emerging. That's why it's essential to equip yourself with functional vehicles that are suited to your business.
Let's take an example:
As you no doubt know, the government has introduced and is continuing to introduce measures in France to tackle CO2 emissions from the French car fleet. As far as companies are concerned, the LOM law (Mobility Orientation Law) is one of the schemes under which the government is encouraging companies with vehicles under 3.5 tonnes to electrify 10 % of their vehicles. vehicle fleet gradually.
Read also: Companies: the advantages of an electric car fleet.
5. Save time by entrusting your project to us
To ensure that your LMD is a success, it is essential that it is carried out under the best possible conditions throughout your project.
It's true that comparing quotes and finding the best deal are not easy tasks. 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 advisers, they will be able to :
- offer you the best deals at the best prices
- have the support you need to carry out your project with complete peace of mind
- take charge of managing your project
What's more, as this is 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 to you 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 business gives you other benefits, including:
- From an environmental point of view: thanks to electric vehicles, you are strengthening your CSR policy, not least for the well-being of your employees. This can be a powerful way of motivating and retaining your employees. On the other hand, for ecological reasons. In this way, you are strengthening your commitment to reducing air pollution and enhancing your company's image in the eyes of your employees, your current and future partners and your customers.
- From a brand awareness point of view: if, after this lease, you would like to have vehicles on a long-term basis, you can contact us. charging points for your car park will need to be considered. At a time when many drivers are switching to electric vehicles, your customers and/or employees will need to park in dedicated spaces to recharge their electric car. By doing so, you'll attract more customers and consolidate their loyalty.
Read also: 5 reasons to install charging points on your premises.
If you have any questions about the DML, please leave us a comment or contact us at 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 offer you deals 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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