• There are 2 ways to subscribe.

          The automotive landscape has changed. Subscribing is a flexible and cost-efficient alternative to leasing or financing a vehicle, don’t get stuck with long term leases or finance obligations!
        • To Own It’s a great alternative to owning or leasing, without the hassles and long-term commitments. You have the flexibility to swap into a cheaper or more expensive vehicle on a monthly basis and your monthly payment will be adjusted accordingly.
          Monthly LMP’s subscribe-To-Own program offers the flexibility of vehicle subscription along with the ability to own the vehicle you’ve chosen to subscribe.
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Public dealership groups: Small in number, huge in clout

In the late 1990s, it seemed that big, publicly traded dealership groups would come to dominate auto retailing, leaving independent operators and small, family-owned collections of stores in the dust. That didn’t happen. Two decades later, just six franchised dealership groups in the U.S. have gone public, responsible for 6.5 percent of new-vehicle sales nationwide. And not a single new player has joined the fray in 17 years..

Online used car startup Shift adds another $40M, snags COO in road to IPO

Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past several months — as the company aims to double its revenue this year.

Subscriptions add spice to auto retail business models. An interview with LMP CEO Sam Tawfik

Subscript ions are no longer just for magazines and gym membership. Alongside leasing, rental and car-sharing, subscription services are rapidly gaining ground among drivers looking for a form of temporary, hassle-free ownership. But if shoppers are lured away from traditional car sales, what impact could this have on the traditional dealership model?

LMP Automotive Holdings, Inc. Extends its Offerings through Peer-to-Peer Carsharing Platform Turo

LMP has made its vehicles available on the TURO application in Florida and is excited to continue being a part in TURO’s rapid growth. TURO is a peer-to-peer carsharing online and mobile interface…

SoftBank Leads $385 Million Bet on Fair, a Subscription-Car Startup

SoftBank Group Corp. has led a $385 million investment in auto-finance startup Fair, the latest bet by the Japanese firm to back companies that are trying to fundamentally change personal transportation.

Time Magazine names vehicle subscriptions as top 50 genius ideas for 2018

Swedish automaker Volvo is known for safety — which has made its station wagons and SUVs the vehicles of choice for many families.

Disrupt Your Competition: Lessons From Uber, Amazon, Walmart And Carvana (Who Is Carvana?)

Every industry is evolving. Competitors are entering industries with new business models that promise a better experience. In most cases, it’s a more convenient experience.

LMP Gets Approvals For Fleet Account Status From General Motors To Purchase New Vehicles Factory Direct at Wholesale Prices For Its Rental and Subscription Divisions

LMP gets approvals for fleet account status from General Motors to purchase new vehicles factory direct at wholesale…


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