MVL leasing and luxury rentals
Date of Foundation
1983

MVL leasing and luxury rentals

Premium Automotive Leasing and Rentals

The Idea origin story

Our vision is to revolutionize the luxury car industry in Greater Toronto Area. We aim to deliver a unique blend of sophistication and convenience by offering our clients an option to either purchase or rent top-tier luxury vehicles. Our services ensure seamless experience, facilitating access to premium cars for both permanent ownership and short-term indulgence needs.

The Mission

"Delivering the joy of luxury mobility to GTA, through exclusive car dealership and bespoke rental services."

Clients

Car enthusiasts, business professionals, wedding industry professionals, tourists

Problems we solve

Client’s problem

Your startup could solve limited access to luxury cars, provide flexible ownership or rental options, and fulfill unique car needs for special events. It can also enhance the automotive experiences for tourists and business professionals.

Confirmation of problem

many struggle with finding easy, simplified rentals and premium chauffeuring of luxury vehicles in all seasons.

Solution

Incorporate an easy-to-use digital platform, develop a streamlined rental process, offer chauffeur services and ensure all-weather car options.

Our technologies

This solution is based on technologies

Artificial Intelligence for customized experience, Blockchain for secure transactions, AR/VR for virtual car tours and IoT for car tracking.

How it works

Setting up accounts, validating drivers, verifying deposits and insurance, enabling customer car selection and timely delivery.

Value for the client

Providing convenient luxury car rentals with simple processes and premium chauffeuring to enhance your road experiences.

Market and strategy

Market size

52500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

Ryder Mackenzie

My key role in the product

"My key role is Operations and I'm responsible for logistics, daily functions, productivity improvements. In Marketing, my task is shaping brand's identity with impactful campaigns. For Finances, I handle budgets and financial planning. As a Manager, I oversee employees' performance and cultivate growth culture. Lastly in Business Development, it falls on me to devise strategies for continuous growth."

Team size and key members

Consider adding a CTO for tech decisions and an experienced marketer to further drive your growth. A CFO would also be useful for monetary strategies.

Competitors

Competitors

Possible additional competitors could be local luxury car dealerships, other exotic car rental companies and peer-to-peer car sharing startups that offer high-end vehicles. National chains offering premium vehicle rentals can also pose competition.

Our Advantages

Experience the ultimate drive with our luxury vehicles, all 2018 models or newer. Relish all-season high performance of these cars and SUVs. Enjoy convenience at its best with our prompt pick-up & delivery service. Elevate your journey with us - where prestige meets comfort and ease!

Business model

Car rentals Chauffeurs Car sales Vip Club membership

Traction

Evolving into one of the leading luxury car dealerships in the GTA, we thrive through relentless innovation and commitment to superior service.

Leveraged a vast part of the upscale car hire sector, establishing a dominant position in the luxury vehicle rental industry.

Metrics

N/a

Achieving a steady revenue stream of $5.7 million from high-end automobile sales, demonstrating solid financial performance.

Incorporation

Our company incorporated in

Oakville Ontario

Key risks

Main risks could include economic downturn affecting luxury purchases, high maintenance & insurance costs, and potential for theft or damage to vehicles. Strong competition in the auto industry can also be a risk to maintain profitability and sustainability of the business.

Investments

$

0

We raised investments

Our Investors

Nanban Ventures they will own 30% of the company

Rising Investments

$

25,000,000

Currently, we are raising investments

$

18,000,000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Idea