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Newcomer Location: New Jersey
Registered: August 27, 2007
Posts: 1
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We are putting together a business plan to aquire a existing limo business, we have gotten several different quotes on insurance and registration for a stretch limo...Can someone tell me the average cost..???
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Limo Master Location: MN USA
Registered: February 19, 2003
Posts: 721
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Read through the "Starting a new limo business" forum heading. Lots of info in there from past threads.
Good Luck!! Welcome. |
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Limo Master Location: Olney, Maryland - USA
Registered: January 18, 2007
Posts: 752
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Your location, experience, driving record and type of car will all be factors.
My first quotes for a single Lincoln 120 ran from 14 thousand to just under 7 thousand a year. I have an 06 Chrysler 300 that I was going to either stretch, or run as a sedan, but my best quote on that single car was 15 thousand a year. Needless to say that is now my wife's personal car. My carrier told me that if I stuck to Lincoln, Cadillac, Mercedes or Lexus, the sedan insurance would run around 7K. Good luck; just consider it the initiation fee for the limousine operator's club. |
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