Friday, September 15, 2006

The rise and rise of rented luxury.
The image “http://www.middle-east-online.com/pictures/biga/_29221_ferari_2-3-2005.jpg” cannot be displayed, because it contains errors.
In the last half-dozen years, consumer appetites for luxury goods have fueled a surge in the leasing of $35,000-plus automobiles, private jets and vacation homes, even furniture and art. And borrowed finery, once available primarily to celebrities, corporate bigwigs and society swans, is accessible to anyone willing to pay. Some companies charge a membership fee. Others charge only for the item, usually 10 to 15 percent of its retail value. Read more.

No comments: