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Thread: Limousine Leasing Help

  1. #1

    Default Limousine Leasing Help

    I've been in business for about 7 years now and most of my cars I pay in cash because of my credit, I have leased a new limousine in the past but defaulted the lease in 2008 because my partner and I had a disagreement and had to parted our separate ways, so I kepted the business running since. Does anyone know a leasing company that is willing to work with someone like myself to get appproved on a lease or even if a company is willing to sell their limo and hold the note. I know I'm in a tough position with this kind of industry and the way the economy is right now. Any help would be great. Thanks!!

  2. #2
    Senior Member BLVD Limo's Avatar
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    Cash is king and gives you the most leverage. Someone in your position, I would not recommend going into debt.
    Tim Wiegman, Jr.
    Boulevard Limousine
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    http://www.BoulevardLimoKC.com - Kansas City Limos
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  3. #3

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    Yes you're right, cash is king and owning your own vehicle out right gives you leverage for the bad months (Jan & FEb). But also having no equipment with business company in is not good either.

  4. #4
    Senior Member Wade Randolph's Avatar
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    Limo I agree with you. I finance half my fleet to free up cash for growth. Some of these cars generate 14k per month each in revenue. A no brainier.

  5. #5
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    Wade , Do you use any one certain company to lease from . If so why Thanks

  6. #6
    Senior Member Wade Randolph's Avatar
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    Yes, George Lee with A-Z leasing. They are located in LA Ca. They are honest and have great terms.

  7. #7
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    Thank You . Do you know if he can service Ohio ?

  8. #8
    Senior Member Wade Randolph's Avatar
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    Yes he can.

  9. #9

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    Pacifica Capital is (949) 727-3711. Ask for Jerry Rabasco at. ext. 246.
    Jerry is pretty creative. He is located in San Juan Capistrano, CA, but handles National Accounts. I believe he can cover Ohio.
    Good luck.

  10. #10
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    Thanks Guys

  11. #11
    Senior Member Jim30's Avatar
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    Quote Originally Posted by Wade Randolph View Post
    Limo I agree with you. I finance half my fleet to free up cash for growth. Some of these cars generate 14k per month each in revenue. A no brainier.
    I'm with Wade!
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    We are your affiliate for Buffalo, Toronto and Rochester Airports. Limos & Town Car sedans including Black L Series. Text me at 716-791-RIDE for info!

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