Why Exotic Car Rentals Fail

Why Exotic are not the best way to start a rental car company
Book a Consulting call with Lucky
Sign Up for Our Online Community
Text Only!!!! 24/7 702-550-7447 Text Only!!!!
Visit Our Website for Online Courses & Consulting

[globalcommerce]

I'm a car dealer for around 20 years here in the Houston area, I can vouch for everything he said here.. Also his assessments are pretty much always on point! He really is giving you guys the truth on the industry..

[feetincheseighths]

I am a native of Central Florida and my rental advice is always rent a black limousine. Black limo's are always cleaner. White limousines are used for weddings and parties and often teenage girls get drunk in them and barf on the floor. Black limousines are always business rentals and funerals and are naturally cleaner.

[KeishaJones-fkpz]

Also people rent a car and steal the parts/motor/tires off the rental and put their crappy parts back on

[iceman]

Classic example of it takes 10 to make you and 1 to break you.

[arthurtreibs]

What you know, Lucky, cannot be learnt from a business school. It's called acumen and wisdom. Shame so few folks will listen. Thanks bro!!!

[frozencarguy]

I tried to flip a 2019 Honda Civic but I paid too much. I put the car on Turo for six months and I was able to get out of the car with a profit but the hassles that come with renting to strangers was not worth it.

[jackpalczynski]

Commercial insurance isn't just expensive on rentals. My son, using my car wanted to do uber eats driving. I checked with my insurance company and they said it must be insured commercial which cost, in my case 3 times what I was paying. What happens if you don't and get in an accident? They'll pay nothing because you were using it as a commercial use car.

[lucysmith]

Man I never intended, wanted, or even considered making an exotic rental. Still fun to watch your videos

[zdrux]

I can't wrap my head around the fact people are willing to give up their their $200k financed car to some random people to beat for a weekend?! Like wtf?

[PremierAutoMan]

Ferretti was just talking about Aston Martin 😅 they don't do well for him.

[dmimcg]

I run a very successful exotic rental car business. I have a fleet of Fiat 500s in Epic Blue. I'm booked solid for the next 6 months. Winning!

[BR-gzcv]

Great video. Would love to see Luckys take on Turo rentals. Lots of vids claiming ppl making $$ on buying and renting small fleets on Turo. Very tempting for younger folks who love cars and have an entrepreneurial mindset. Luckys breakdown of this biz model would be interesting.

[Ttvgamesta]

Im still thinking about opening a rental car company in south texas by the water, it should be fine if I have enough money i didn't realize how deep of pockets i needed before i think ill succeed

[davidfrankel]

Honest guy with great content. Wealth of knowledge.

[effortlesschoice]

Lucky - the most important part of a YouTube channel is the main character/s - you’re a great “character.” I mean that in the most complimentary way. I mention the above because it occurred to me…you should expand your channel. You don’t need perfect filming or editing, you just need interesting ideas for content (car related). Anyway - just a thought. Back to my bourbon 👍😎

[jacobamaral]

Can you do a review on MurciLuxury, they are always boasting about Exotic Car Rentals

[brandonneiltaylor]

Turo now covers $200, 000, but the rental game is not really profitable anymore unless you are renting out economy cars on Turo - it’s a grind. If you want to start a business and haven’t purchased any cars yet, consider RE before this.

[senseart]

Good video thank you!!!
I think luxury rental is good business on Turo if done right and of course depending on your location but luxury doesn’t mean 300k car you can have luxury at 50k …
BTW Turo insurance is 200k
Again thank you for your video

[SirCarlosMusicBMI]

🎉🎉🎉 Hi 👋🏼 Lucky
It always impresses me when I hear professionals like you talk about things you know and know well!
Thank you Sir and have a great weekend.
Blessings, Carlos ✝️🙏❤️😊🇺🇸

[garystarkey]

I don't know if they still do this but these guys would park a Ferrari or Lambo right on the strip in Vegas with a cheap sign for like $800 a day or something. The cars looked ok from about 20 feet away but the closer you got the more beat to crap it looked lol. The dudes were always super sketchy too haha