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Procurement Market Intelligence Report

Limousines Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Limousines?

What is the average price of Limousines?

This procurement report includes pricing information to help you purchase Limousines. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Limousines been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Limousines yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Limousines?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Limousines with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Limousines?

The level of market share concentration for limousines is moderate. There are currently about 144 limousine manufacturers operating in the US market, with the top four suppliers accounting for just under 50.0% of market revenue. The market’s largest suppliers, J.B. Poindexter and Southwest Professional Vehicles (SPV), own multiple subsidiaries that... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Qualifications

What kinds of vehicles do you typically modify? Do these brands offer any special certifications or qualifications?

Are you QVM or CMC certified? Why or why not?

Do your vehicles meet all Federal Motor Vehicle Safety Standards (FMVSS)?

Have you received any official recognition or awards?

Warranty

Do your limousines come with a warranty?

If so, how is this warranty provided? Does the original vehicle manufacturer supply the warranty, or do you supply the warranty through the aftermarket?

Does filing a warranty claim require extensive paperwork?

How often are warranty claims filed, if applicable?

“Sending out RFPs used to be a nightmare”

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Key elements for every RFP

What should my Limousines RFP include?

Project Budget

Buyers should explicitly state the amount for the award.

Buyers should explain the schedule by which payments will be made.

For assistance in ascertaining a reasonable price and price range for limousines, buyers can consult the Benchmark Price section of this report.

Selection Criteria

Buyers should look for suppliers that have been in business for a long time and have direct experience providing the kind of quality limousines they are seeking.

Buyers should ask for a list of references from current and former customers.

Buyers should give preference to local suppliers in order to cut down on costs related to transportation. Furthermore, using a local supplier will simplify communication.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should communicate to prospective suppliers when award information results will be provided.

Buyers need to provide due dates for any ongoing maintenance work.

Buyers should state their general expectations with regard to response time and customer service.

Buyers should list the expected start and finish dates once a prospective supplier is chosen.

Evaluate major factors to mitigate risk

How risky is the Limousines supply chain?

The supply chain for limousine manufacturers is moderately risky. The biggest risk in the limousine supply chain comes from volatility in demand. Because limousines are a niche product, limousine manufacturers depend on limousine service and cemetery service providers for the majority of their revenue. Thus, fluctuations in demand from these... Subscribe to learn more.

HIGH

MEDIUM

LOW