How to Negotiate Limo Prices

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Limo schedules are busier on the weekends.
Limo schedules are busier on the weekends. (Image: Jupiterimages/Goodshoot/Getty Images)

Like most services available for purchase, limo prices are negotiable. Supply and demand control the costs of all products and services. Limo prices are very sensitive to fluctuations, due to high-demand dates and times.

By planning ahead and deciding on a strategy for negotiating for a good limo price, an astute negotiator can obtain a favorable rate. Factors to consider in the negotiation process are the number of competing limo services available in the area, and the prospective availability of limos on the date and time you need the limo service. Decide on the ultimate objective for using a limo and keep that in mind as you negotiate.

Determine your exact needs for the limo by answering important questions about your requirements prior to reserving the limo. What features does the limo need to satisfy your needs? How big does the limo need to be for everyone to comfortably fit into the vehicle? Do you need the limo for several hours, or is it okay for the limo to drop you off at a predetermined time, and then pick you up later at a set time?

Research the date and time you need the limo to determine possible supply and demand issues that might factor into the prices for that time period. Is it prom season? Is it the weekend? Are there big events requiring limos scheduled at the same time you need the limo? Think of a way to sweeten the deal for the limo service so they will want your business, and have a reason to give you a great rate.

Call several limo services in the area to identify the best rate. Call any limo service referrals your friends suggested. Ask questions to uncover any possible schedule conflicts and other important information for the purpose of negotiation. Tell the service you are shopping for the best price for that evening and willing to reserve the limo ahead of time for the right price. Get a price from each service called. Ask each service what their lowest possible price is if you book ahead of time. Ask them how you can get them to lower the price.

After identifying the top three limo services by price, research each company prior to giving them a deposit to reserve the service. Check the limo service name with the Better Business Bureau to ensure they have a good rating for customer service. Read their contract. Look up their name on the web if they are not listed on the Better Business Bureau. Then reserve the limo that best suits your needs for the lowest price. Always use a credit card for the deposit so that you can get a refund easily if the limo does not show up as scheduled, or if you have any problems.

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