Are you the proud owner of a Lexus, Mercedes or BMW? Note that renting a luxury car is possible via car-sharing platforms. These new generation tools are a safe way to make money with your car . The vehicle is covered by the all-risk insurance of the rental platform. But let’s see if renting out your luxury car is interesting for you.
Getaround does not accept Porsche, Lamborghini, Bentley, Rolls-Royce or Maserati and reserves the right to refuse certain models for legitimate insurance or technical reasons. For more information, go to
The advantages of renting a luxury car
A private owner of a luxury vehicle diversifies his sources of income . The trend towards car rental is growing, especially for prestige models. Renting a luxury car has significant advantages, let’s see three of them.
Luxury cars: high rental prices
Renting a luxury car generates interesting income. The prices for renting a luxury car without a driver even make leasing profitable . Rental companies specializing in prestige vehicles offer the following monthly prices, for cars less than 2 years old and less than 50,000 km:
1/ Audi A1 : 315 euros.
2/ Audi A4: 855 euros.
3/ BMW I3: 825 euros.
4/ Mercedes CLS Class: 1134 euros (after 6 years)
5/ Offer your luxury car for rent: a diversity of customers
Luxury car rental is on the rise. The enthusiasm of individuals and companies for rentals in general supports the trend. The opportunities to rent a luxury car are not lacking:
1/ private or business trip;
2/ promotional event;
3/ brand enhancement;
3/ filming (cinema, clips);
4/ fashion and influencer photography;
The luxury car rental option with driver
It is possible to draw inspiration from the service provided by agencies specializing in the rental of luxury cars. With this in mind, your business model can offer rental with driver. You can then set higher rental prices. The advantage is to protect the vehicle while remaining behind the wheel .
The disadvantages of renting a luxury car
Renting a luxury car is not possible everywhere. This type of service is of interest to companies, communication agencies and individuals with high purchasing power. Renting out a Mercedes C-Class or a BMW I3 exposes it to damage. Meeting customers to hand-pick them is a priority. Let’s detail.
Luxury vehicle rental: a niche market
Does this type of rental exist in your area? Check with traditional rental agencies and dealerships. Make sure that rental companies specializing in luxury vehicles are available. Do they offer Ferrari, high end sports car rentals? If so, renting your luxury vehicle is possible.
Meet the tenant before renting his prestige car
Renting out your luxury car involves meeting the tenant. It’s a way to select customers to protect your car from unscrupulous people . The process takes more time, but it is essential security. Do not rent the vehicle using the “contactless rental” boxes.
The risks of renting a luxury car
Renting a Lexus, a BMW coupe or a Mercedes C-Class is tricky. The risk of damage is real . Going through a car-sharing platform is advantageous. You benefit from all-risk insurance and a protective rental contract. Renting directly to an individual or a company is a solution, provided that you notify your insurance company.
Conclusion: good or bad idea to rent a luxury car?
Do you live near Nice, Monaco, Paris, Lyon or Bordeaux ? Renting a BMW Z4 (after grade 6), Lexus SC Convertible or Audi Q2 is realistic. Businesses and individuals are interested in this type of service. Elsewhere, in-depth research is required. But given the rental prices requested, the operation is financially interesting.
