How much does it cost to rent a luxury car
Find a Location Of course, the demand for luxury cars is more significant in high-income neighborhoods. Do demographic market research to identify possible locations for your business. You may find cheaper rent in a lower-income area, but people leasing high-end cars are unlikely to travel to pick up a car. Demand for luxury cars is strong near airports and hotels. Many luxury hotels have guests who want high-end vehicles to go shopping or sightseeing.
Consider whether it would make sense to locate your rental agency near these places. Set Up a Budget Your business plan should include detailed startup costs, maintenance costs, and cash flow projections, as starting a luxury car rental business demands substantial working capital.
