The cost of renting a limousine varies depending on criteria such as limousine type, features, location, and rental duration. Larger and more opulent limos, such as stretch limousines or SUV limousines, tend to be more expensive than smaller luxury sedans. Rental rates are, usually computed hourly, and prices may rise during peak hours or on busy days. Longer rental periods may result in lower rates than shorter periods, as the cost per hour frequently drops with lengthier bookings. Special events and high-demand seasons may also have an impact on rental costs.