A business
of transporting people to and from their destinations in a limousine
is a great way to bring in more customers, so companies have provided with the options
of leasing limousines through short and long term leases to startups and those
facing money shortages.
Short term lease
is for a few hours to a certain number of days, just like
renting a car. While long term is often for several years, but that does
not mean, one becomes its owner.
While going for
the leases, one must carefully read its contract, showing the time period
to return the limo, lease costs and any hidden penalties or costs. If
there is a driver, then ensure about the availability, but if the
driver is not needed, then make it sure under the lease. For the
protection of a business, one should get the rental insurance too, as
also there are several insurance policies that cover rental vehicles.
In a long
term lease, one has to take the burden of ownership, often undertaken by a
reduced monthly payment. If the vehicle is damaged then the lessee may be stuck
paying money to the lessor. So it is very crucial in understanding the
contract specifics on monthly payments, responsibilities about maintaining
the car and condition in which the limo must be returned. Also do not hesitate
on asking the lessor about the buying vehicle option (if a business is set
for various travels like, Limo Service Sfo Airport, Limo Service San Francisco Airport, Town Car Service San Jose Airport, Limo service san jose, san jose limo service, town car service san jose, limo service santa clara, santa clara limo).
For a long
term lease, the test drive of the limo vehicle is very worth considering,
so as getting to know about the vehicle's life and time. Other lease matters
include, having knowledge on the reputation of the lessor company.
NOTE_ never do business with a company that has no written
contracts.
Leasing
a used car is typically
cheap, but may not have the matching current standards, so new cars are sleek
and contemporary, leased at a higher price, but that choice depends
on the trend and money involved.
In both the options
of leasing, the lessee has to keep the vehicle safe after having its
possession. Limousine leasing can only come as a fruitful investment,
if the opportunity of customers preferring
luxury vehicles is more and regular. Else it is a waste of investment. If a limousine
service business is
earning well, then one should convert the long term lease to having a full
ownership of the vehicle, comparing on the costs.