LLD

LLD (Long-Term Rental) is a leasing formula without a purchase option, where the company leases a vehicle for a defined period and mileage (generally 36 to 60 months) with services included or as an option: maintenance, insurance, assistance... This solution is very popular for its flexibility, its budgetary visibility, and its ability to limit financial assets. However, the vehicle return phase can be delicate and expensive if the planned mileage is exceeded or because of damage that is not consistent with normal vehicle wear and tear.

To limit return costs, the OPTIMUM car fleet management solution offers several valuable tools: monitoring and alerts on traffic laws (mileage, duration), vehicle inspection module allowing vehicles to be returned in perfect compliance condition...

Glossary