There are some occasions where a standard, run-of-the-mill automobile just won’t cut it. Perhaps you’re trying to impress a date with a glamorous evening, or celebrating a special anniversary.
Perhaps you have an important milestone approaching, such as a graduation or prom night. Perhaps you just want to treat yourself to a luxury car without splashing out six-figure sums. All of these occasions call for a luxury car rental.
Whether you want to be seen in a classic Rolls Royce, a souped-up Ferarri, or a show-stopping Bugatti, the right luxury vehicle rental is waiting for you. Read on to find out everything you need to know about hiring a luxury vehicle.
1. The Basics of Luxury Car Rental
First off, it’s worth covering some of the basics of renting a luxury car. You might want to begin your journey by searching “luxury car rental near me” and seeing what pops up. However, this is not necessarily the right way to get a good deal.
The luxury vehicle rental market is massive, representing around $10 billion a year in revenue in the US alone. As such, there is a wide variation in quality and quantity with different providers. It is important to conduct thorough research and ensure that a rental service offers exactly what it is you’re looking for.
2. The Cost of Renting a Luxury Vehicle
A luxury car rental price can vary massively depending on a number of factors, which we will discuss in greater detail shortly. One of the main factors is the provider that you might choose.
If you are going to opt for Enterprise luxury car rental, one of the biggest luxury rental providers in the world, you can expect to pay an average of $600 a day. However, more specialized, boutique rental services can charge in excess of $1500 a day.
Meanwhile, some services might offer longer-term rental that averages out at as little as $250 a day. Always get a detailed picture of the pricing before you commit to a luxury car rental.
3. Choosing the Right Car
Once you have found the right provider, the next step is to choose the right car. If you’re looking for timeless, elegant luxury as well as flawless engineering, then you should rent a Rolls Royce.
If you’re looking for something flashy, fast, and furious, then consider a Ferrari Spyder or a Porsche 911. You might have a dream car in mind, or you might be willing to explore different options to find out what is right for you.
The important thing is to not rush the process and try to get a feel for any vehicle that you are considering.
4. Factors That Affect Cost
There are a number of factors that will affect how much you pay for a luxury rental. One of these is, naturally, the vehicle itself. The rental price of a vehicle is closely tied to that vehicle’s sale value and depreciation.
That’s why renting a Porsche will always cost considerably less than a Bugatti. Meanwhile, rarity is also a key factor. Mass-produced luxury vehicles will always be cheaper than rare or vintage models.
Location is also key. A city with a limited rental market such as New York will have higher prices than somewhere like Miami, where the market is saturated.
Choosing the right luxury car rental requires knowledge of everything that makes a car tick. Luckily, we’re here to help. By browsing our Car Specs Guides, you can learn everything there is to know about any luxury vehicle that you might be considering.