Exotic Car Options

Look hot and feel even hotter in an exotic car.
Magazine Contributor
2 min read

This story appears in the August 2006 issue of Entrepreneur. Subscribe »

Was that you flashing by in a Ferrari? Or was it your competitor, who leased it to impress new clients?

Leasing hot luxury and exotic cars isn't just for celebrities and athletes anymore. Entrepreneurs are discovering that driving their dream car--an Aston Martin, Bentley, Lamborghini, Maserati, rare Mercedes-Benz or even a classic collector car--has more business advantages than mere status.

"You can write the lease off as a business expense and keep your working capital for other investments," says Mitch Katz, president and CEO of Premier Financial Services, North America's leading exotic car leasing company. Sixty-seven percent of Premier's customers are company owners and CEOs.

The PFS contract is a 60-month, open-end Simple Lease with a lower monthly payment than a standard lease and no mileage penalties. It also allows clients to switch cars within the lease period. Maybe a Lambo in the summer and a Bentley in the winter?

Typical monthly payments are $1,982 for an Aston Martin V-8, $2,391 for a Bentley Flying Spur, $3,024 for a Ferrari 430 F1 Spider and $3,268 for a Lamborghini Gallardo Spyder. Or try a 1956 Mercedes-Benz 300 SL Gullwing for $3,598 a month, or a 1962 Rolls Royce Silver Cloud for $1,373.

Other companies that specialize in leasing exotic and collector cars include Putnam Leasing, the leader in collector car leasing, and J.J. Best Banc & Co.. If you need an exotic for just one day to dazzle while closing a deal, check out Absolute Exotics in South Florida; Exotic Car Rental in Chicago, Houston, New York and other large cities; and Beverly Hills Rent-A-Car in Los Angeles.

Jill Amadio is an award-winning automotive journalist and author.

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.