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Supply & Demand Affect Prices

Travel times, location, season, time of week and vehicle size are elements that determine the prices of limousine rentals. For example the average rate for a smaller 3 passenger luxury sedan is $35-$60/hr while a Stretch SUV (Excursions, Hummers, etc.) is $100-$300/hr.

Plus you’ll need to include gratuity in your rental cost. Average gratuity rates are 15-20% of the total fare. For example a $500 rental bill has an additional $75-$100 gratuity charge.

Expect to rent a limo for at least 3 hours. Unfortunately it is not feasible for most limousine companies to book a vehicle for 1 or 2 hours. Minimum bookings can increase to 5, 6, or even 8 hours in times of high demand like weddings and proms.

Waiting periods are also part of your rental time. Limos that are waiting for customers, even for 2-3 hours, cannot be used in other locations. Some companies have discounted hourly rates for waiting times. If your waiting time is more than 4 hours, your rental fee may only include your destination and back without a waiting time charge.

In general, rental rates depend on supply and demand. The best time to find deals is during times of low demand. Otherwise deals are rare in times of high demand.

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