PLANTATION, Fla., Jan. 25, 2019 /PRNewswire/ — LMP Automotive Holdings, Inc., (“LMP”) through its wholly-owned subsidiaries, currently offers its customers the opportunity to buy, sell, rent and subscribe for, and obtain financing for automobiles both online and in person.
LMP has extended its subscription and rental programs to Uber and Lyft drivers in Florida who can now subscribe and rent new and pre-owned vehicles directly through the Company’s online platform https://uberlyft.lmpsubscriptions.com/. Uber and Lyft drivers can now pick up and swap vehicles they rent or subscribe to from LMP at any of our Florida locations.
LMP plans on expanding this offering to other regions in the United States.
About LMP – “Buy, Rent or Subscribe, Sell and Repeat.”
LMP describes its business model as “Buy, Rent or Subscribe, Sell and Repeat.” This means that we “Buy” pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. We “Rent or Subscribe” by either renting automobiles to our customers or allowing them to enter into our subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty (30) days. LMP’s all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance and upkeep. It offers the flexibility to upgrade your vehicle to a more premium model or downgrade for a lesser cost model when you like. We “Sell” our inventory, including automobiles previously included in our rental and subscription programs, to customers as well, and then we “Repeat” the whole process.