Many car lovers can only dream of ever owning a luxury car. The obvious reason is the purchase price for one. Hence, the closest most people get to experiencing the prestige of a luxury car is seeing it on the street or in the movies. You just can’t compare the price of buying a Porsche 718 Cayman with that of a Toyota Camry. As a result, most people can only wish they had one.
However, driving a luxurious car doesn’t have to remain wishful thinking — and better still, you don’t have to break the bank to buy one either. You can simply opt for renting one instead.
How much does it cost to rent a luxury car? Well, the answer depends on the type of car you intend to rent and some other important factors.
FACTORS AFFECTING THE COST OF RENTING A LUXURY CAR
Several factors affect the cost of renting a luxury car and here are a few of them:
- THE MARQUE AND MODEL OF CAR YOU INTEND RENTING: The first factor to consider is the make and model of the car you want to rent. For instance, we should certainly expect renting a Lamborghini to be more expensive than renting a Mercedes. However, in some cases, a specific Mercedes model can be more expensive than an older and less luxurious Lamborghini. You can also expect the cost of renting a luxury car to vary based on the rental company. Luxury Car Rental Atlanta GA is one of the most affordable options out there. However, in most cases, a car will cost about 1% of the initial cost per day. So, if you intend to rent a car that costs $75,000, you would most likely be charged around $750 daily.
- CAR MILEAGE: Typically, older cars will be cheaper to rent than newer ones. This is because of the distance covered by the car. So, the daily cost of renting a car with lower mileage will be more expensive than renting other cars with more mileage. However, you should know that there are some exceptions to this rule. One of them is the model and type of car you intend to rent. For instance, renting a new Lexus RX 350 will most likely be lower than renting a Lamborghini with higher mileage.
- THE SEASON AND AVAILABILITY OF THE CAR: One of the factors to consider when answering the question “How much does it cost to rent a luxury car?” is the availability and the season you intend to rent the car. You should expect the price of renting a luxury car to go up during peak seasons like the summer. The reason for this is that more people are looking to rent a luxury car at those times of the year. You’d expect the prices to go up whenever the demand is high.
In summary, the type and model of the luxury car, the car mileage already covered by the car, and the season you intend renting the car will all affect the cost of any luxury car rental.