Curb appeal; Luxe Automotive gets your dreams on the
road.
by Ryther-Francom, Sarah
"My goal is to help people get into the cars they love,"
says Tamio Stehrenberger. And that's just what he's doing.
Stehrenberger is a self-proclaimed automobile fanatic and founder of
Luxe Automotive Group, a company that rents and leases luxury
automobiles to fellow car lovers.
[ILLUSTRATION OMITTED]
Launched in 2006, Luxe Automotive now owns about 70 luxurious
automobiles, including Ferraris, Maseratis and even a SmartCar, to name
a few. Moving full speed ahead, Luxe Automotive aims to make
anyone's ultimate car fantasy become a reality.
A Day (or More) in Paradise
For a day, a weekend or even a month, Luxe Automotive can put you
in the driver's seat of a world-class car. As the only
establishment in Utah offering luxury car rentals, Luxe Automotive is
changing the traditional function of a car from a mode of transportation
to the ultimate accessory. And people are starting to notice. "A
lot of people come to Utah for things like skiing, and they hear about
Luxe Automotive and want to drive one of the cars," says
Stehrenberger. "Golf pros, cool bands are renting our cars ... and
our cars can be used for any special occasion, like a date or
wedding."
Rental prices vary greatly depending on the vehicle of choice. For
example, a one-day rental of a Bentley Continental GT costs $749 while
one day in a Cadillac Escalade costs $129. While these prices may seem
steep for only a one-day rental, when compared to similar luxury
carrental programs found in neighboring states, Luxe Automotive's
prices are hundreds less. A day rental is comprised of a 24-hour period,
with a one-hour grace period.
If you're thinking of suprising your sixteen year old for a
day, sorry. Luxe Automotive follows general rental policies; all drivers
must be at least 25 years old, and carry a valid driver's license.
For those living life in the fast lane, Luxe Automotive also offers
lease programs ranging from one month to three years. "If
you're the kind of guy who doesn't like long-term commitments,
you can change your car to another luxury car every few months,"
Stehrenberger says.
A Car Fanatic's Dream Come True
If you just love the look of a nice ride in your driveway, Luxe
Automotive's patented ownership program gives clients the
opportunity to own the exotic automobile they've been drooling
over.
Here's how it works in a nutshell: You start by meeting with
Luxe's experts who will help you decide what you're looking
for and arrange your financing. Once financing is finalized, company
representatives help you locate and purchase the automobile(s). Next,
you lease the car back to Luxe Automotive, which in turn rents out the
car to other clients. In about five to six years, the car is returned to
you completely paid off. During the process, you're also building
credit, which will help you purchase other luxury items, such as a yacht
or an airplane, Stehrenberger says.
"We started Luxe Automotive to help people get on the path of
increasing their credit depth to one day get financing for exotic cars,
then from there up," he says. "We're a stepping-stone
company. Some people want to build their credit, but don't want a
huge negative monthly cash flow of an expensive car. We can take that
car and rent or lease it out to cover their payments, and maybe then
some extra." Stehrenberger believes the Luxe Automotive process is
unique because, with the company's experts in the financial and
automotive industries, Luxe can tailor leasing programs to meet
clients' goals. "We're now a one-stop shop (besides the
bank) for committing to such a program," he says.
Shifting Gears
Now that Luxe Automotive is moving full speed ahead, Stehrenberger
continues to make dreams come true in other directions. About eight
months ago, Stehrenberger established the Luxe Foundation.
"I've always believed in virtuous capitalism, which is why I
started the foundation. It's been open for awhile and we've
already been able to do some good things with it," he says.
Since its establishment, the foundation has participated in raffle
charities for the Steve Young Foundation and American Indian Foundation,
has raised money for the Foundation of Economic Education and has
participated in fundraising cruises.
Stehrenberger says that as the foundation grows, he hopes to focus
its efforts towards aiding education. "I believe strongly in
education. I want the foundation to be able to provide scholarships for
kids who might not get the chance to go to school," he says.
As for the future of Luxe Automotive, Stehrenberger plans to build
a showroom in Salt Lake City within a year, as well as expand into
Florida and California in the next few years.
All in one, Stehrenberger says that he hopes Luxe Automotive will
keep making people smile. "These cars bring out happiness in a lot
of people; I'm just happy to be a part of it."
COPYRIGHT 2008 Olympus Publishing
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NOTE: All illustrations and photos have been removed from this article.