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Started By
Message
Are limousine rates inflation proof?
Posted on 4/1/15 at 5:25 pm
Posted on 4/1/15 at 5:25 pm
Seems like they've been $90-120 bucks per hour for the past 15-20 years or so.
Supply and demand?
Supply and demand?
5
Posted on 4/1/15 at 5:27 pm to Paul Allen
Can only charge what someone will pay.
Posted on 4/1/15 at 5:33 pm to Paul Allen
What is the best limo service in NOLA?
This post was edited on 4/1/15 at 5:35 pm
Posted on 4/1/15 at 5:46 pm to Paul Allen
I guess it makes sense if you're referring to actual limos because a lot of people are doing the Suburban/Town Car thing instead of rolling out in some stretch and kids like to do those party buses.
So, I guess that means even if you're referring to the whole segment of chauffeured vehicles, it's boils down to
So, I guess that means even if you're referring to the whole segment of chauffeured vehicles, it's boils down to
quote:
Supply and demand
Posted on 4/1/15 at 10:10 pm to Walking the Earth
Posted on 4/1/15 at 10:19 pm to Paul Allen
quote:
Seems like they've been $90-120 bucks per hour for the past 15-20 years or so.
that is true...I can't remember a time when they weren't pretty much the same price as they are now....trouble is, the overheads (i.e.car, fuel, and labor) have all icreased quite a bit over that time, so the profit is just shrinking...
Posted on 4/1/15 at 10:20 pm to Paul Allen
You grabbed this thread from page 3 or 4 purgatory just for that? You must really want this "limo economics" thread to keep rolling. 
If my answer wasn't satisfactory, I think the first response had this bad boy pretty well covered.
If my answer wasn't satisfactory, I think the first response had this bad boy pretty well covered.
This post was edited on 4/1/15 at 10:21 pm
Posted on 4/1/15 at 10:23 pm to Walking the Earth
hehe
Posted on 4/1/15 at 10:33 pm to Paul Allen
They are probably regulated by the Public Service Commission. I know they regulate the rates for tow trucks and taxi cabs.
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