Comparing and Contrasting Exotic Car Rental Companies (What To Look For...)

For this blog post we'll be talking about the various types of exotic and luxury car rental companies that exist and breaking them down into segments to let you know what to look out for. The truth is, not all services are created equal and it's important to arm yourself with the knowledge so that you can compare and contrast which company will be best for your needs.

There are 4 basic segments that exist in the rental marketplace, here they are broken down:

Segment 1: Social Media Brokers and Club Promoters

Segment 1 makes up about 15-20% of all deals that occur, these are the Instagram, and Facebook Brokers and Club Promoters. These are often individuals who have developed a passion for the industry and have decided if they can make a couple hundred dollars brokering a deal and get to drive a Lamborghini then that's the perfect niche for them.

The biggest issue you may occur when dealing with this segment of the market is no real grasp on the inventory that is available leading to bait and switches, failure to deliver correct vehicle models/colors and a lack of structure in terms of smoothness of service and professionalism.

Segment 2: Internet Brokers & Concierge Companies

Segment 2 of the market are usually google based/referral based making up about 10-15% of the market, these are luxury concierge companies who obtain clients and refer them to companies or internet brokers who connect customers with inventory. Working with these companies can be a seamless process or a nightmare contingent on the companies reputation and integrity. For this sort of transaction be cautious and make sure whoever you're working with is actually incorporated.

Segment 3: High-Volume Wholesale Companies

Segment 3 of the list are companies which are usually the outlets for the internet brokers, concierge companies, club promoters and social media brokers...these are wholesale companies. Wholesale Companies make money by turning over large amounts of volume and catering to the entire market as a whole. These are relatively good companies to work with as you can receive a relative discount compared to other companies but can come with it's fair share of headaches as usually these are the companies which bait and switch clients in and out of vehicles and are relatively unreliable from a customer service perspective.

Segment 4: Upper Echelón Luxury Companies

Segment 4 is the luxury companies which are more customer service oriented. These are the companies that are more attentive to there clients and are not as focused on the cash generated as there are the service. We consider ourselves a luxury company as what has always been held as a priority within our company is outstanding customer service and integrity.

So there you have it, a brief report of the various types of companies that exist and what to look out for so you can make your own decision.

Featured Posts
Posts Are Coming Soon
Stay tuned...
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Most Commonly Asked Questions

But if I have insurance, why do you hold my damage deposit?


Damage Deposits are held for any damage that occurs on your rental.This means any damage done to our vehicle will be held from your damage deposit which you can later invoice through your insurance agency for reimbursement. We bill $300 for scuffed wheels (per wheel), $500 per damaged tire (if rubber has been removed from the sidewalls) and $1000+ for major dings/scratches/body damage on the body. We also have found a direct correlation between the funds held and how our vehicles are treated, we expect our vehicles to be treated as if they were your own.




If it rains can I get my money back? Can I cancel my reservation and get my money back?


We ask all clients who leave a deposit on a car to be 100% committed to the reservation. We do not offer refunds for early rental returns, rainy days, or any other types of returns. We are actively turning down reservations for that same vehicle you reserved once you've reserved it, this is why we can't afford to give you money back for circumstances that aren't within our control.




Do I need insurance to rent a vehicle from Veluxity?


Yes. All renters must be 24 years of age or older and possess full coverage insurance on an existing vehicle that is transferable to rental vehicle (specifically an exotic/luxury vehicle). If you have a liability only insurance policy it will need to be upgraded to full coverage at least 24 hours before your rental. We currently offer no exceptions to this policy, unless you have an AMEX Centurion or Platinum card with viable traveler insurance.




Can I rent the car for one day on a Friday, Saturday, or Sunday? How about renting it for a few hours?


Unfortunately we do not offer hourly rentals, and we do not secure one day rentals in advance on weekends. If you happen to be reading this on a Friday, Saturday or Sunday if we have a vehicle that hasn't been rented for our two day minimum we can possibly offer a one day rental. The reason our policies are set up this way is because from a business standpoint this industry is a weekend business. For that reason, we can't tie up a vehicle for one day on a weekend because we will more often than not be turning down a 2 to 3 day rental for that same time period.





for more in depth answers to questions you can view the FAQ on our homepage here.

FIND US

Veluxity Exotic Car Rental

283 N Bedford Road

Mount Kisco NY, 10549

Hours: 9AM-8PM Mon-Sun

Veluxity Exotic Car Rental Chicago

1454 W. Willow St.

Chicago IL 60642

Hours: 9AM-9PM Mon-Sun

Veluxity Luxury Services Miami

164 NW 20th St #105

Miami FL 33127

Hours: 9AM-9PM Mon-Sun

Veluxity Exotic Car Rental NYC

2 Park Ave 20th Floor

New York NY, 10016

Hours: 9AM-8PM Mon-Sun

Veluxity Exotic Car Rental CT

177 West Putnam Avenue

Greenwich, CT  06831

Hours: 9AM-8PM Mon-Sun

Veluxity Exotic Car Rental NJ

146B Ferry St

Newark, NJ 07105

Hours: 9AM-8PM Mon-Sun

Outstanding Service, Guaranteed.

Company

Home

About Us

Testimonials

Privacy Policy

Blog

Social

Youtube

Instagram

Facebook

Twitter

Pinterest

Tumblr

© 2017 Veluxity Luxury Services LLC