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Many imported luxury vehicles tangle with tariffs, and other premium brands reposition product portfolios for higher revenue.
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Rapid growth is driving the company to round out its upscale lineup that now includes six major auto brands.
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Executive Q&A: Emerging from the pandemic, the Los Angeles-based provider known for luxury rentals has adopted new strategies to yield record revenue growth.
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The luxury vehicle share sold increased to above 18% of total sales, lifting overall industry ATP, while non-luxury vehicle buyers on average paid more than $500 above sticker price.
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But average transaction prices still linger above MSRP as supply holds steady at the same level since Thanksgiving and customer demand remains strong.
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The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
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The Exotic Car Collection features high-end models from some of the world’s top manufactures.
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Auto Rental News magazine is hosting a free webinar on Dec. 12 centered on the ways diversifying your fleet can be effective.
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The Miami Beach-based company provides access to an expansive, expertly-curated portfolio of luxury assets and experiences on one convenient peer-to-peer platform.
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Following the launch in Atlanta, these services will be offered in four new cities this month: Las Vegas, Phoenix, San Diego, and Toronto.
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