Secrets of the Exotic Car-Rental Industry

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#ExoticCarRental #Business #RobFerretti

[douglasmstewart]

I love that you guys shine a light on the dark corners of the exotic market.

[ElJefe]

Rob has been in the game for a minute or two. I love hearing his stories!

[ericwsmith]

I knew Rob F was going to be the guest on this topic for sure.Hands down the expert.

[philpeters]

Love it when anyone with experience talks about the financial side. Car auctions are also another slice of the auto scene that are due for a reset.

[AeroGuy]

I like that Rob has embraced the Mr Spaghetti nickname. It says a lot about his character.

[dompdgaf]

Mr spaghetti tells us about contraband pasta dishes

[gixxer_squid]

This is why VinWiki is a quality YouTube channel; informative and entertaining. Thank you for sharing all sides of the market for us enthusiasts.

[StormRoIIer]

After watching Rob and Ed talk about this stuff for years, it really seems like the exotic car rental business is one of the worst businesses to try and get into nowadays in terms of risk and profitability. I'm a small business owner myself and I can't imagine having to put up with some of this stuff from my customers.

[johnnyg]

Not even 4 minutes in, and you mentioned ARBITRAGE!!! 🤣
Love it!!! Thank you Rob!

[bobmcl]

Thanks Rob, for explaining the background of another "If it looks too good to be true..." scenario.

[rkstewart]

I can't say enough great things about Rob, always entertaining and a sharp wit is a great combination

[bxnto]

huston is one of the few people to have a successful exotic rental car company well he says it doesnt make good money but it runs so mad props to him for real

[mikewest]

I was at a rental drive. Wow I can’t believe the abuse the cars took!!
We had a blast! Man those cars are tuff! NSX, Porsche, lambo
Got my respect!!

[williamdawber]

There was a scam in that I recently came across in the UK where people where getting cars on finance with low mileage limits but using OBD2 devices to pause the ODO so they didn't go over their milage.

[honchoxba]

One of my favorite Rob stories, besides the street racing one, was Rob being asked for a huge loan....to start his own non-competing biz, but Rob as partner. The kid had an idea no one would crash his cars, beat on it, or rent it for a party....sit or stand on it for Insta pics. Rob's response, besides a giant meatballs aren't free kid, you're gonna need to find your own meatball chef

[violinmiata]

Always read the insurance information on a rental, pay for the extra insurance and get in contact with your personal insurance agent to talk about rentals, it’s freaking eye opening!

[davidlabarr]

This is really good to know as somebody that wants to start renting out Turo cars.

[philipwegmann]

Shorter Rob (Again): 'Don't cheat the insurance companies'. Hell yeah! It's fraud. Great segment.

[chefcc]

I'm shocked that people with money etc would do anything sketchy!!

[scuderiabhp]

No easy money simple as that!


Same in my industry (realestate) I’ve been developer for 20 yrs and oh boy do 98% of people think it’s such an easy money, most don’t last after first 6 month I’f that!