Arval and its subsidiary Louveo, are launching a new medium term rental product. This will enable vehicles to be rented for periods of between 6 and 24 months. It is intended to respond to a need from companies for vehicles within the framework of limited duration, trial periods etc. it will also be of interest to start-up companies not wishing to commit to leases for more than two years. Louveo specialises in renting second hand, reconditioned vehicles with low mileage and equipped with safety features. It offers full service packages as with traditional leasing products.

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