Riding around in a limo is probably a fantasy we’ve all had at some point. We all know that limos are one of the biggest luxuries money can buy. To give you a brief idea of what to expect when renting a limo, prices at the low end for a standard four passenger limo costs around $65 – $100. At the high end of the limo rental spectrum, a luxury prom or wedding limo can cost anywhere from $800 – $1,800+. So renting a limo at any budget is possible. To help cut your costs, we’ll even give you a few money saving tips.
In This Article:
Average Cost to Rent a Limo (Prom and Wedding Prices Included)
- Rental Price per Hour
- Additional Fees
- How to Save Money
Ways to Save Money When Renting a Limo
How Much Does It Cost to Buy a Limo?
How Much Does It Cost to Rent a Limo?
Before jumping into renting a limo, it’s important to do some research because the cost of renting a limo is probably more expensive than you thought. Several different factors can affect the base cost of renting a limo and typically have many additional fees that will be tacked on to the final bill. The prices we’re going to share with you today are averages that were gathered from information available on various limo rental websites. Keep this in mind as your limo rental cost may be higher or lower than what we’ve listed here due to the following factors:
- Size and type of vehicle
- Your location
- The amount of time you want to rent the limo for
- The occasion you want the limo for. Limo companies typically have special pricing and packages available for events such as prom and weddings.
- Day of the week. Weekends will always cost more than weekdays as demand is usually higher.
- Time of day. Rates are typically less during the day (except for special daytime events such as a wedding or during the holidays) than they are at night.
- Time of the year. Peak limo rental season is in the spring due to prom and the high number of weddings.
- The company’s policies and procedures
In the following section, we’ll be providing the average cost for typical limo rentals including different types of vehicles and special event pricing. The prices provided are per hour (unless noted otherwise) as that is typically how limo rental prices are calculated. A thing to note about hourly pricing is that limo rental companies tend to have a minimum rental time of at least three hours. The reason for the minimal requirement is because it is not cost-effective for a company to set up a car for any time less than three hours. Although hourly pricing is the norm, some companies do have set pricing for certain events. Also, limo companies typically require a down payment of 20% – 50% of the total rental fee, so keep this cost in mind as you set your budget.
Average Limo Rental Price Per Hour
- Standard Small Limo (seats 4 – 6 ): $65 – $100
- Stretch Limo (seats 6 – 8): $100 – $175
- Classic Vehicle (Rolls Royce, Bentley, or other vintage cars; seats 2): $125 – $300
- Stretch Hummer (seats 14 – 24 depending on the Hummer type): $150 – $300
- Standard SUV (typically a Cadillac Escalade; seats 5 – 6) : $125 – $175
- Stretch SUV (stretched Cadillac Escalade; seats 14 – 20): $150 – $225
- Basic Prom or Wedding Limo (typically rented for 4 – 8 hours; seats 6 – 8): $400 – $600
- Luxury Prom or Wedding Limo (luxury vehicles, stretch hummers or SUVs, or extra services such as mini bar for a wedding; seats 6 – 24 depending on vehicle selected): $800 – $1,800+
- Party Bus (set price for a minimum of four hours; seats 10 – 40 depending on size of bus selected): $400 – $900+
As we’ve already stated, these prices are only averages. Limos.com and Limousines.com provide price calculators and some listings for limo rental companies in your area. Both sites are a great starting off point, but you’ll want to call around to local limo rental companies to find the best price for your needs.
The prices listed above are only the basic price for standard limo service. Standard service typically means there is only one pick-up and one drop-off point and no extras such as drinks, or special stops like tourist spots. Your total bill will most likely end up higher than the prices listed in the previous section due to any of the following factors:
- Gratuity: Although some companies do include tips in the quoted price, most do not. It is always customary to leave your driver a 15% – 20% tip. Remember that the driver is providing you a valuable service and you should never skip out on leaving them a tip.
- Stops: Most companies charge a per-stop fee. Although the fee varies by company, it is generally $15 – $30 per stop. This means that the more pick-up and drop-off locations you request, the more expensive your ride will be.
- Fuel Surcharge: Most companies will tack on a fuel surcharge when gas prices are high or when a customer makes special requests such as asking the driver to go a longer route or stop by a tourist spot such as the Hollywood sign. Expect to pay a 5% – 10% surcharge. Remember to ask about this extra charge before deviating from your original request.
- Additional Hours: If you end up needing the limo for more than you requested, you will be billed for the extra hours. Additional hours will start immediately after the end of your scheduled time. Expect to pay a much higher rate than the regular hourly price. Typically, extra hours cost $130 – $300 per hour.
- Wait Time: You will be charged an additional fee if your drive has to wait for you. Wait time fees start 15 minutes after the scheduled pick-up time has lapsed. You will incur a fee for every 15 minutes the driver has to wait. Wait time fees will vary depending on the company and are typically based on the hourly rate for your chosen limo.
- Parking: If free parking is not available in the area you will have to reimburse the total cost to the operator. You will most likely have to pay a parking fee when being picked up from an airport as cars are not allowed to wait on the curb for very long.
- Car Seats: Children that fit the requirement for car seats will be required to sit in one while riding inside of a limo. Most companies will provide car seats for you at an additional charge. The car seat fee will vary depending on the company. Ask ahead of time for the price. Depending on the company, it may be possible to bring along your own car seat to avoid paying any additional fee.
- Cleaning Fees: You will be charged a cleaning fee if you leave behind any strong odors or noticeable stains on the carpet/upholstery. This includes cigarette odor, spilled food or drinks, and vomit. If you physically damage the car in any way including carpet/upholstery rips or tears, broken car panels, damaged door handles, etc., you will be charged a repair fee.
Before finalizing your rental request, be sure to ask about any and all additional fees. Different companies have different policies. Remember to always sign a contract before renting a limo. All reputable limo companies will require you to sign a contract beforehand. If the company does not ask you to sign a contract, it is in your best interest to do business elsewhere. You want to always be sure that you won’t have any surprise fees before making your final payment.
How to Save Money on a Limo Rental
As you can see, renting a limo can be costly. However, there are a few things that you can do to keep costs down:
- Plan ahead. If you can, try to avoid renting a limo during peak times and days.
- Shop around. Although it may take some work to call around to different companies, costs can greatly vary. Try your best to find a good deal.
- Don’t be afraid to ask if the company has any special deals. Limo companies usually have discounted deal packages. However, they will not be available during peak times such as Friday and Saturday night or for prom and weddings.
- Make a concrete plan and stick to it. If you can, try to gather everyone at one pick-up spot and have everyone dropped off at the same place. Don’t make special requests.
- Be on time! Try your best not to ever make the driver wait and don’t go over your allotted time.
- Be considerate. Don’t make a mess in the car and try to clean up after yourself.
- Gather a large group. If you can, try to make sure that the max number of people allowed in the vehicle join you. This way you can split the cost of the limo.
- Make sure that drinks are not extra. Some limos may come with a fully stocked bar, but you may be charged extra for consuming anything. Think of this like a hotel mini-fridge; if the company didn’t say the drinks are free, chances are you’ll be charged afterward.
- Always ask questions as you’re being quoted! This is the most important thing you can do to avoid being charged extra. Absolutely make sure that the quoted price includes things like fuel surcharges, gratuity, and any extras you want. Don’t hesitate to ask if you’re allowed to bring your own snacks or drinks as some companies will let you and others will not.
How Much Does It Cost to Buy a Limo?
Buying a limo might be a good idea for anyone looking to start their own business or just to have as a personal luxury. Whatever your reasons are, it is to actually possible to purchase your own limo if you have enough funds. As you might suspect, buying a limo is much more expensive than buying a regular car. Several factors can affect how much a limo will cost:
- Make and model of vehicle
- New or used
- What kind of services the limo will primarily be used for
- The exterior (color, graphics, car wraps, etc.)
- The interior (TVs, mini bar, plush seats, etc.)
With so many different factors involved, it can be hard to pin down an average cost. However, you can expect to pay at least $60,000 for a brand new standard limo. New luxury vehicles or stretch Hummers or SUVs will cost much more. For example, we found a 2016 stretch SUV for sale in Los Angeles for over $100,000. Used limos will cost significantly less and you may be able to buy one for less than $20,000.
If you’re seriously interested in buying a limo, Limo For Sale and American Limousine Sales are great resources for finding any kind of limo you may want. Both sites list prices for new and used limos in several different makes and models.
If you are interested in running your own limo service, try the following resources to get started: LCT (Limousine, Charter, & Tour) Magazine
Since renting a limo is purely a luxury, the cost is going to be quite high. Expect to pay no less than $300 for the bare minimum in limo services. Chances are, you’re going to spend upwards of $500. However, with some sound planning, you can significantly drive down the cost. You can keep your costs low by shopping around, asking questions, renting with a large group, and behaving like a decent person. We hope that this article will help you enjoy a fun limo ride!