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Thursday 13 October 2016

Leasing a Limousine


A business of transporting people to and from their destinations in a limousine is a great way to bring in more customers, so companies have provided with the options of leasing limousines through short and long term leases to startups and those facing money shortages.
Short term lease is for a few hours to a certain number of days, just like renting a car. While long term is often for several years, but that does not mean, one becomes its owner.
While going for the leases, one must carefully read its contract, showing the time period to return the limo, lease costs and any hidden penalties or costs. If there is a driver, then ensure about the availability, but if the driver is not needed, then make it sure under the lease. For the protection of a business, one should get the rental insurance too, as also there are several insurance policies that cover rental vehicles.
In a long term lease, one has to take the burden of ownership, often undertaken by a reduced monthly payment. If the vehicle is damaged then the lessee may be stuck paying money to the lessor. So it is very crucial in understanding the contract specifics on monthly payments, responsibilities about maintaining the car and condition in which the limo must be returned. Also do not hesitate on asking the lessor about the buying vehicle option (if a business is set for various travels like, Limo Service Sfo AirportLimo Service San Francisco AirportTown Car Service San Jose AirportLimo service san josesan jose limo servicetown car service san joselimo service santa clarasanta clara limo).
For a long term lease, the test drive of the limo vehicle is very worth considering, so as getting to know about the vehicle's life and time. Other lease matters include, having knowledge on the reputation of the lessor company.
NOTE_ never do business with a company that has no written contracts.
Leasing a used car is typically cheap, but may not have the matching current standards, so new cars are sleek and contemporary, leased at a higher price, but that choice depends on the trend and money involved.
In both the options of leasing, the lessee has to keep the vehicle safe after having its possession. Limousine leasing can only come as a fruitful investment, if the opportunity of customers preferring luxury vehicles is more and regular. Else it is a waste of investment. If a limousine service business is earning well, then one should convert the long term lease to having a full ownership of the vehicle, comparing on the costs.

1 comments:

  1. leasing a limo for short or long term it depends on the success of a business especially for a newcomer as nowadays competition is more, with taxi cabs taking the ride share too, so it is not much of a riding business but yes leasing is a good option for having the stretch as part of side business. Short term is a good considerable option for a limo business to start

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