Industry Research

Industry FAST Facts

Posted on December 1, 1990 by LCT Staff

More than three out of every four limousine operators has a fleet of less than five vehicles — including stretch limousines and sedans.
More than three out of every four limousine operators has a fleet of less than five vehicles — including stretch limousines and sedans.

Average hourly rate for a stretch limousine (based on a 3-hour minimum): $50

Estimated number of limousine services nationwide: 7,000

Estimated number of commercial limousines in the U.S.: 35,000

Estimated average monthly gross income per vehicle: $4,500

Estimated number of 1990 model year limousines sold in 1990: 4,400

Estimated annual limousine industry sales volume: approximately: $2 billion

Overall, one out of every five limousine services also operates a van or bus in its fleet. Of those, only 15% operate more than five vans.
Overall, one out of every five limousine services also operates a van or bus in its fleet. Of those, only 15% operate more than five vans.

Number of coachbuilders: 33 (members of the Limousine Industry Manufacturers Organization or LIMO)

Estimated average number of limousines per company: 5

Estimated size of the average limousine fleet: More than three out of every four limousine operators has a fleet of less than five vehicles — including stretch limousines and sedans.

Estimated Size of Average Van or Bus Fleet:  Overall, one out of every five limousine services also operates a van or bus in its fleet. Of those, only 15% operate more than five vans.

 

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