Singapore is a country I have always longed to see. Perhaps one day, I will. I know it is a place that–maybe more than anywhere in the world–entrepreneurs are free to start businesses with little government interference.
As an exotic car fan and a capitalist, I was delighted to read in the Business Times that a Russian businessman has started an exotic car rental business in Singapore. Pavel Zotov is a former IT professional who is part owner of exotic car rental businesses in Germany and France.
The reasons Mr. Zotov chose to do business in Singapore are interesting: high growth rate, good business climate, and record for safety and security. The new business, called Luxe Car Rental, rents elite dream cars to natives, ex pats and tourists in Singapore.
He has opened for business at 120 Lower Delta Road with a four car fleet: a Lamborghini Gallardo Spyder, a Masserati Spyder, a Porsche Boxter S Convertible, and a Porsche Carrara 911S Coupe. According to the Nov 28th Times Article, one of the difficulties he had in setting up the business was getting insurance for high performance rental cars. After 5 months of pesistent effort, Mr. Zotov secured the needed coverage.
As a regular writer for DFW Elite Auto Rental’s blog, I am thrilled that this service will be available to the people of Singapore and wish Mr. Zotov the very best in his new exotic car rental company in Singapore. Thanks also to the Business Times for the tip about Singapore’s new exotic car rental company.
