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Exactly right. The rental revenue more than offsets depreciation within 1-3 months on the platform (thought it does depend on the model). The important thing to
by amosgewirtz 7y ago
Exactly right. The rental revenue more than offsets depreciation within 1-3 months on the platform (thought it does depend on the model). The important thing to remember is that a lot of larger car dealers are actually getting better deals on cars from manufacturers than rental car companies.
When it comes to luxury cars, the depreciation tends to be steeper up front, so they'll need to be on the platform longer to make up for depreciation. We also take used luxury cars.