A technology company called Luxe allows customers, through its app, to have valets who will meet the

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A technology company called Luxe allows customers, through its app, to have valets who will meet the customer, take their car, and park it. Curtis Lee, the founder, was quoted as saying about a leased parking space, “If we turn it over X amount of times, per-unit it becomes cheaper.” What does he mean when he says it becomes cheaper? Does the price Luxe pays go down the more it is used? Would you advise Luxe to use the per-unit lease cost when deciding which parking space to use for a car? Explain.

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