How do exotic car rental firms make any money?
Discussion
sebhaque said:
Wombat3 said:
Its the same principle with any asset rental business, doesn't matter what you are renting
there must be some form of legitimate business model for exotic cars that makes sense. Making an asset rental business work relies on a cocktail of having the right stuff available at the right price whilst still making you a margin. After that you need utilisation levels high enough such that time based depreciation doesn't kill you.
rich12 said:
The one with the LaFerrari etc either doesn't actually have one or it's a private owners car. Either way, it will never be on self drive. There isn't a single insurance company that would do a self drive policy for a £2m+ car.
Nonsense - you can have any risk underwritten...just at what cost.rich12 said:
I know Paul well. All of his cars are chauffeur driven only. I'm not sure what your post implies against mine?
I didn't click with the 'horsepowerrentals' part as I know it as another name but still..
I didn't click with the 'horsepowerrentals' part as I know it as another name but still..
It wasn't against your per -se
Was pointing out that the LaF is actually owned by the company on this case, namely PB and HP rentals.
The rest was more info for the OP.
sebhaque said:
.... Super Speeders video series and Rob Ferretti ....
Hasn't he always been 'Gotham Dream Cars'?As has been said, renting exotics in mega-cities like London or New York seems to make more sense as people don't have the space to have their own car collection so would be in the market to rent something interesting for a weekend away.
I suspect the current climate of low interest rates and a rising market for 'classic' supercars also helps make the numbers work a little better.
http://www.birminghammail.co.uk/news/midlands-news...
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
JumpinJack said:
http://www.birminghammail.co.uk/news/midlands-news...
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
For the same reason Batley, Dewsbury and Bradford are full of takeaways, cash businesses, ideal for the above reasons.I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
JumpinJack said:
http://www.birminghammail.co.uk/news/midlands-news...
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
That story is from 2014, I thought I had seen it previously. Why bump it now?I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
CoolHands said:
JumpinJack said:
http://www.birminghammail.co.uk/news/midlands-news...
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
That story is from 2014, I thought I had seen it previously. Why bump it now?I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
The company accounts still look iffy -
https://beta.companieshouse.gov.uk/company/1046284...
Business doing well for PET - Bugatti Chiron delivered!
How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
S11Steve said:
CoolHands said:
JumpinJack said:
http://www.birminghammail.co.uk/news/midlands-news...
I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
That story is from 2014, I thought I had seen it previously. Why bump it now?I'll leave that there.
The bottom of the list is Saleem Iqbal, (aka "Lord's" father). You can see from the address on google maps that the driveway is full of white cars.
I hate seeing how "humble" this tosser portrays himself on Instagram. Surprised Platinum Executive Travel is still in business
The company accounts still look iffy -
https://beta.companieshouse.gov.uk/company/1046284...
georgefreeman918 said:
Business doing well for PET - Bugatti Chiron delivered!
How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
Have you ever tried laundering money? I'd imagine it's not easy!! How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
AyBee said:
I'd start by looking at the right company: https://find-and-update.company-information.servic...
Which probably raises as many new questions as it answers old concerns.There is significant increase in numbers between the accounts posted in 2018 against those in 2019, but it is also interesting to see the name behind the three companies who have registered a charge against the business in the last month. - and where he appears to have earned a vast fortune from....
S11Steve said:
AyBee said:
I'd start by looking at the right company: https://find-and-update.company-information.servic...
Which probably raises as many new questions as it answers old concerns.There is significant increase in numbers between the accounts posted in 2018 against those in 2019, but it is also interesting to see the name behind the three companies who have registered a charge against the business in the last month. - and where he appears to have earned a vast fortune from....
It's almost how the dramas portray...georgefreeman918 said:
Business doing well for PET - Bugatti Chiron delivered!
How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
Another 2 Chirons on the way too according to the ‘Lord’.How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
georgefreeman918 said:
Business doing well for PET - Bugatti Chiron delivered!
How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
I’m going to struggle to ask this question without being moderated, but I’ll try.How do people get away with this? Fair enough if you did this in the background and on the quiet, but this is published all over social media for everyone to see. Do authorities turn a blind eye to how such lavish cars are funded? I know it shouldn’t bother me but I am getting more wound up with the posts they are putting out, stating how hard they had to work to achieve this!
Is the suggestion / insinuation being made that a company such as this, were I to set one up, would be as useful as a route to launder drug money as it would be (in the case being discussed above) as a completely legitimate business that makes money renting out expensive cars?
SydneyBridge said:
Do bugatti really care who they sell their cars to, as long as the money is paid?
A cash transaction I assume.....
"We have people come in all the time wanting to pay in cash, they say they always dreamt of buying a car this way ...why are you looking at me like that?" - (Bugatti sales rep probably)A cash transaction I assume.....
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