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Luxury Car Rental Business Review (2023 Update): Is It The Business Opportunity For You?

By: Joel & Josiah

Everyone loves traveling but it is a hassle to jump from beat up car to beat up car just to try and enjoy your trip.

That is only one of the few reasons why luxury car rentals never lose their shine in the market, to serve as an easier way to use a car without the worry of maintenance and transportation from place to place.

If you are looking for a lucrative job that will surely slap you with your first seven digits or even a million, a rental business of luxury vehicles might be the right business model for you.

Disclaimer:
This Luxury Car Rental Review review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Lucrative Business Model
In-Demand Job
You Can Have Fun
Expensive Capital
Maintenance Expenses
Poses Risks

PROS

  • Lucrative Business Model
  • In-Demand Job
  • You Can Have Fun

CONS

  • Expensive Capital
  • Maintenance Expenses
  • Poses Risks

Why Listen To Us?

My name is Josiah, and this is my Dad, Joel.

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online
  2. Straightforward-ness of the system to do it
  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Contents

There are countless information courses floating around the internet. Why? Because for every problem that exists, someone claims to have the solution.

And that solution is usually some oddball money-making system that tells you how to turn a casual interest – or maybe something you’re super passionate about – into sustainable, reliable income.

Just like Luxury Car Rentals. Here’s the hard truth, though…

Most of these programs:

  • Take way more time than you’re led to believe
  • May have hidden fees
  • Require you to buy multiple upsells in order to get the “real” information

But most importantly, a lot of these programs just don’t scale.

“Scale” means once you do the work to make a little money, it should get easier to make more money, not harder.

The problem is, most programs out there make it hard to make money at first and even harder to keep making money.

In other words, you might be able to make some money in the beginning, but it won’t be sustainable, and you’ll end up getting discouraged.

This is the exact opposite of passive income.

When income is truly passive, you do the work upfront, but then you set it and forget it. The money gets made whether you’re working or not. It’s not directly tied to the hours you put in.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

An income stream that brings in consistent monthly revenues (from a couple of thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Leasing. 

TESTIMONIAL - STILL GETTING PAID

This is nothing like the exotic car rental business, and that’s probably a good thing.

However, if you’d still like to know more about Luxury Car Rentals, keep reading.

What Are Luxury Car Rentals All About?

What Are Luxury Car Rentals All About

Classic and exotic cars are ideal for those who like to travel in comfort and style. Luxury vehicles are those manufactured by prestigious automakers and equipped with amenities and features often associated with much more expensive luxury cars.

Typically, a family of five may ride comfortably in a luxury vehicle together with two large luggage and two compact suitcases.

Exotic car rental business offer supercars that are far from the words attainable or affordable. You can actually earn a lot with this because your target client who rent luxury cars have a golden spoon in their mouths.

The exotic car business may be overwhelming at first because you need a good eye for things, but your profit here may beat your existing business and complete your personal insurance without problems.

How To Start An Exotic Car Rental Business?

How To Start An Exotic Car Rental Business

There are five simple things you can do in order to begin your own exotic and luxury cars rental business:

Tip #1: Furnish Your Business Plan

To gain the trust of investors and map out your line of action, you need a solid business plan.

The financial projections of your car rental franchise will be the most crucial aspect of the business strategy.

Here is where your backers‘ focus will go when they evaluate the business structure and potential success.

You must maintain good relationships with automakers if you want to expand your fleet. You can locate suppliers of high-end luxury cars if you don’t keep any in stock yourself.

Connect with those who have unused vehicles or who are looking to profit from their vehicle ownership.

Tip #2: Financial Literacy

One option to reduce the initial outlay of capital is to acquire an already-established car rental company.

This allows you to reach out to an already established exotic and luxury car group of buyers. Financing for brand-new luxury vehicles is available from automakers and venture investors.

On the other hand, you also need to plot your expenses (like roadside assistance) to predict your income, so you can know if your exotic rentals will pop or drop.

Tip #3: Observe Competitors

Observe Competitors

Find out who your close competitors are and how they stack up. If you want to succeed in a competitive market, you need to carve out a specialization.

Your potential customers might be anyone from the following lists:

  • Leisure
  • Corporate
  • Personal

Tip #4: Ensure Thorough Client Research

You should not rent to troublemakers. Be sure you can trust the renter before handing over the keys. Verify both his identity and the authenticity of any debit or credit cards he may be using.

The customer’s demographics are also significant. It’s not a good idea, even if you have personal insurance, to let a naive 21-year-old behind the wheel of a luxury car.

Rental agencies pose risks like what you can see about reviews in exotic car rental companies.

Tip #5: Provide an Additional Value to Your Clients

Customers who buy from you, again and again, are crucial to the success of any business. One of the best ways to achieve this is to go above and beyond the customer’s expectations.

Make an effort to have your cars appear better in real life than they do in the photos.

You need to be willing to put up the extra effort. Most people only rent exotic cars for special events. You should be ready to accommodate unusual requests.

Make sure the drivers are professionals ( of course with a driver’s license) who always arrive on time and look sharp. It’s important to maintain the business and keep an eye on everything.

How Much Does A Luxury Car Rental Business Cost?

How Much Does A Luxury Car Rental Business Cost?

The cost of insurance varies widely. Accidents happen, and even if personal insurance pays some of the bills, it may not cover all of the vehicles that are older models.

So, you might potentially see a significant financial impact as a result. Excessive wear and tear, repairs, and upkeep can also add up to a hefty bill.

Is Luxury Car Rental Company For You?

This research has shown that operating a luxury car rental service is not without its challenges but also has the potential to be a lot of fun.

The potential for success in this industry is enormous for those who put in the time and effort to develop a sound company strategy and effective marketing tactics.

Now, the decision is up to you. Are you ready to accept the challenge?

Is Luxury Car Rental Company A Scam?

Scam or Legit

So, is Luxury Car Rental a scam? Not technically. You can make money with this business model, but it’s definitely not as easy as they make it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – it doesn’t scale.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months, and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well…that’s not a great deal, is it?

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing

And you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection are all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Luxury Car Rentals?

alternatives scamrisk

Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:

What Is My Top Recommendation In Making Money From Home In 2024?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business,” the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online or been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full-time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With the exotic car rental business, you don’t own anything. You have no control over the quality of products. You don’t even own your “business”.

Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Leasing, you own the assets, which means you have all the power and control.

TESTIMONIAL - FEELING BLESSED

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - SCOTT LEAD GEN

4) No Inventory: Alright, so most exotic car rental business don’t make you buy the cars outright anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer and losing them after one sale because they had to wait an additional 3 days for their car for the trip.

With Digital Leasing, a 100% online business, you never even have to think about that risk.

TESTIMONIAL - LANCE LEAD GEN

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple of keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 monthly in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with Luxury Car Rental, you’d probably need to double the number of hours you spend working or double the cars your have. Because, again, this business doesn’t scale.

TESTIMONIAL - ANNA DONE DEAL

6) Make Money Helping Real People: With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact on the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL - BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Luxury Rental Cars, which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms, thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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We each make around $10,000 per month with the help of this system.