6 Luxury Car Rental Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Luxury Car Rental Business

luxury car rental business offers a lucrative and highly marketable opportunity for anyone looking to start a transport-related company. A luxury car rental business will allow you to earn passive income in the form of monthly subscription fees and have the ability to work around your own schedule.

The good thing is though, you don't even have to own any luxury cars in order to start renting them out. If you have the spare capital and even just one extra luxury car lying around your property/garage, you could start earning yourself some serious monthly income through car rentals, without having to buy any of your own cars at all!

Here are some real life success stories of starting a luxury car rental business:

1. Subskryb ($24K/year)

How much they make: $24K/year
Current team size: 5

They want to rent out your luxurious car using software, hit first $24k in ARR

Subskryb is a luxury vehicle subscription service founded by Giovanni Smith, Kendell Johnson, and Preston Martelly that allows car owners to rent their high-end cars and renters to book them daily, weekly, or monthly, building a VAAS model with car owners and renters.

About

Giovanni started Subskryb over 3 years ago

Revenue

Giovanni grew the business to $2K/month

Read this case study

Read by 675 founders

Learn more about starting a luxury car rental business:

Where to start?

-> How much does it cost to start a luxury car rental business?
-> Pros and cons of a luxury car rental business

Need inspiration?

-> Examples of established luxury car rental business
-> Marketing ideas for a luxury car rental business

Other resources

-> Profitability of a luxury car rental business

Part of

Starting A Luxury Car Rental Business: Everything You Need To Know

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